This is a legal form that was released by the Texas Department of Banking - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is CORP-T03?
A: CORP-T03 is a Modified Trust Company Charter Application for Exempt Trust Companies Undergoing a Change of Control in Texas.
Q: What is a trust company?
A: A trust company is a financial institution that acts as a fiduciary, managing assets on behalf of individuals, organizations, or other entities.
Q: What is a Modified Trust Company Charter Application?
A: A Modified Trust Company Charter Application is a specific form used in the state of Texas for trust companies undergoing a change of control.
Q: What is an exempt trust company?
A: An exempt trust company is a trust company that is exempt from certain regulations or requirements based on its size or nature of operations.
Q: What is a change of control?
A: A change of control refers to a situation where there is a transfer of ownership or control of a company from one entity to another.
Q: Who needs to submit the CORP-T03 form?
A: Exempt trust companies in Texas undergoing a change of control need to submit the CORP-T03 form.
Q: Are there any fees associated with submitting the CORP-T03 form?
A: Yes, there may be fees associated with submitting the CORP-T03 form. You should check the official fee schedule provided by the Texas Department of Banking.
Q: Is the CORP-T03 form specific to Texas?
A: Yes, the CORP-T03 form is specific to the state of Texas.
Q: What information is required in the CORP-T03 form?
A: The CORP-T03 form requires information such as details about the trust company, the change of control, and the individuals involved.
Q: Is legal counsel required to submit the CORP-T03 form?
A: While legal counsel is not explicitly required, it may be advisable to seek legal advice when submitting the CORP-T03 form to ensure compliance with applicable laws and regulations.
Form Details:
Download a fillable version of Form CORP-T03 by clicking the link below or browse more documents and templates provided by the Texas Department of Banking.