Tex. Fin. Code § 274.107

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 274.107 - Hearing on Agreement to Substitute Fiduciaries
(a) A court may deny the substitution if the court, after notice and hearing, determines:
(1) if the substitution will not cause a change in the situs of administration of a fiduciary account, that the substitution is materially detrimental to the account or to its beneficiaries; or
(2) if the substitution will cause a change in the situs of administration of a fiduciary account, that the substitution is not in the best interests of the account or its beneficiaries.
(b) The court shall allow a substitution that will cause the situs of administration of a fiduciary account to change if the court, after notice and hearing, determines that the substitution is in the best interests of the account and its beneficiaries.
(c) 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.

Tex. Fin. Code § 274.107

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.