Tex. Fin. Code Section 275.151
Ownership

The stock of a mutual trust investment company may be owned only by fiduciary institutions acting as fiduciaries and any of their cofiduciaries.

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.26(a), eff. Sept. 1, 1999.

Source: Section 275.151 — Ownership, https://statutes.capitol.texas.gov/Docs/FI/htm/FI.275.htm#275.151 (accessed Jun. 5, 2024).

275.001
Short Title 275.002
Definitions 275.003
Application of General Corporation Law 275.004
Investment of Corporation Assets 275.051
Creation of Mutual Trust Investment Company 275.052
Incorporators 275.053
Contents of Articles of Incorporation 275.101
Directors 275.102
Audits and Reports 275.151
Ownership 275.152
Registration 275.153
Transfer and Assignment 275.154
Ownership by Mutual Trust Investment Company 275.201
Purchase by Fiduciary 275.202
Responsibility of Mutual Trust Investment Company

Up to date

Accessed:
Jun. 5, 2024

§ 275.151’s source at texas.gov

Stay Connected

Join thousands of people who receive monthly site updates.

Get Legal Help

The State Bar of Texas runs a service for finding an attorney in good standing. Initial consultations are usually free or discounted: Lawyer Referral & Information Service (LRIS)

Committed to Public Service

We will always provide free access to the current law. In addition, we provide special support for non-profit, educational, and government users. Through social entrepreneurship, we’re lowering the cost of legal services and increasing citizen access.

Navigate

California:	Codes
Colorado:	C.R.S.
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

Location: https://texas.public.law/statutes/tex._fin._code_section_275.151

Original Source: Section 275.151 — Ownership, https://statutes.capitol.texas.gov/Docs/FI/htm/FI.275.htm#275.151 (last accessed Jun. 5, 2024).

Tex. Fin. Code Section 275.151 Ownership

Tex. Fin. Code Section 275.151
Ownership