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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A court may allow the change in the situs of administration if the court, after notice and hearing, determines that the change is in the best interests of the fiduciary account and its beneficiaries. The court may deny the change if the court, after notice and hearing, determines that the change is not in the best interests of the account or its beneficiaries.
(b) In a proceeding under this section, the court may award costs and reasonable and necessary attorney's fees as the court considers equitable and just.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 274.112. Hearing on Change in Situs of Administration of Fiduciary Account - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-274-112/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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