Tex. Fin. Code Section 183.202
Filing of Notice of Full Liability

(a)

A limited trust association shall file with the banking commissioner a copy of any participation agreement by which a participant of the limited trust association agrees to become a full liability participant and the name and address of each full liability participant. Only the portion of the filed copy containing the designation of each full liability participant is a public record.

(b)

The banking commissioner may require a complete copy of the participation agreement to be filed with the department, regardless of whether a state trust company has a full liability participant, except that the provisions of the participation agreement other than those by which a participant of the limited trust association agrees to become a full liability participant are confidential and subject to release only as provided by Subchapter D, Chapter 181 (General Provisions).

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.

Source: Section 183.202 — Filing of Notice of Full Liability, https://statutes.capitol.texas.gov/Docs/FI/htm/FI.183.htm#183.202 (accessed May 18, 2024).

183.001
Acquisition of Control 183.002
Application Regarding Acquisition of Control 183.003
Hearing and Decision on Acquisition of Control 183.004
Appeal from Adverse Decision 183.005
Objection to Other Transfer 183.006
Civil Enforcement 183.101
Voting Securities Held by Trust Company 183.102
Bylaws 183.103
Board of Directors, Managers, or Managing Participants 183.104
Advisory Director or Advisory Manager 183.105
Required Quarterly Board Meeting 183.106
Officers 183.107
Limitation on Action of Officer or Employee in Relation to Asset or Liability 183.108
Certain Criminal Offenses 183.109
Transactions with Management and Affiliates 183.110
Fiduciary Responsibility 183.111
Recordkeeping 183.112
Bonding Requirements 183.113
Reports of Apparent Crime 183.201
Liability of Participants and Managers 183.202
Filing of Notice of Full Liability 183.203
Contracting for Debt or Obligation 183.204
Management of Limited Trust Association 183.205
Withdrawal or Reduction of Participant’s Contribution to Capital 183.206
Interest in Limited Trust Association 183.207
Bylaws of Limited Trust Association 183.208
Dissolution 183.209
Allocation of Profits and Losses 183.210
Distributions 183.211
Application of Other Provisions to Limited Trust Associations

Accessed:
May 18, 2024

§ 183.202’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._fin._code_section_183.202

Original Source: Section 183.202 — Filing of Notice of Full Liability, https://statutes.capitol.texas.gov/Docs/FI/htm/FI.183.htm#183.202 (last accessed May 18, 2024).