# Tex. Finance Code § 187.103: ACQUIRING AN INTERSTATE TRUST OFFICE

> Texas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.103

## Section

- **Citation:** Tex. Finance Code § 187.103
- **Heading:** ACQUIRING AN INTERSTATE TRUST OFFICE
- **Jurisdiction:** Texas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TX Code / Code fi / Chapter 187 / Section 187.103

## Text

(a) An out-of-state trust company that does not operate a trust office in this state and that meets the requirements of this subchapter may acquire an existing trust institution in this state and after the acquisition operate and maintain the acquired institution as a trust office in this state, subject to Subchapter A, Chapter 183, or Subchapter A, Chapter 33, if applicable.

(b) An out-of-state trust institution that does not operate a trust office in this state may not establish and maintain a trust office in this state through the acquisition of a trust office of an existing trust institution except as provided by Section 187.102. This section does not affect or prohibit a trust institution or other person from chartering a state trust company pursuant to Section 182.001.

## Nearby sections

- [Tex. Finance Code § 187.001 § 187.001. DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.001.md)
- [Tex. Finance Code § 187.002 § 187.002. COMPANIES AUTHORIZED TO CONDUCT A TRUST BUSINESS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.002.md)
- [Tex. Finance Code § 187.003 § 187.003. INTERSTATE TRUST BUSINESS OF STATE TRUST COMPANY.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.003.md)
- [Tex. Finance Code § 187.004 § 187.004. TRUST BUSINESS OF OUT-OF-STATE TRUST COMPANY.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.004.md)
- [Tex. Finance Code § 187.005 § 187.005. DESIGNATION OF TRUSTEE AND GOVERNING LAW.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.005.md)
- [Tex. Finance Code § 187.006 § 187.006. TAXATION.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.006.md)
- [Tex. Finance Code § 187.007 § 187.007. SEVERABILITY.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.007.md)
- [Tex. Finance Code § 187.101 § 187.101. TRUST OFFICES IN THIS STATE.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.101.md)
- [Tex. Finance Code § 187.102 § 187.102. ESTABLISHING AN INTERSTATE TRUST OFFICE.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.102.md)
- [Tex. Finance Code § 187.103 § 187.103. ACQUIRING AN INTERSTATE TRUST OFFICE.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.103.md)
- [Tex. Finance Code § 187.104 § 187.104. REQUIREMENT OF NOTICE.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.104.md)
- [Tex. Finance Code § 187.105 § 187.105. CONDITIONS FOR APPROVAL.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.105.md)
- [Tex. Finance Code § 187.106 § 187.106. ADDITIONAL TRUST OFFICES.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.106.md)
- [Tex. Finance Code § 187.201 § 187.201. REPRESENTATIVE TRUST OFFICE BUSINESS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.201.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_Cfi_C187_S187.103. Check the current official text before relying on it. Not legal advice.