This bill creates rules about what trust companies cannot do when the state is watching them closely. Trust companies help people manage their money and property. When these companies have problems, the state steps in to supervise them. This bill makes clear what activities are not allowed during that time.
This policy strengthens protections for Texans who trust companies to manage their money and assets. When financial institutions face challenges, clear rules help ensure people's savings and investments remain secure while companies work to improve their operations.
Introduced
March 5, 2025
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