Tex. Prop. Code Section 161.023
Expense of Custodianship

Unless the fiduciary is a corporation, the cost of employing a bank as a custodian of securities under this subchapter is a charge against the estate or trust.

Acts 1983, 68th Leg., p. 3716, ch. 576, Sec. 1, eff. Jan. 1, 1984.

Source: Section 161.023 — Expense of Custodianship, https://statutes.capitol.texas.gov/Docs/PR/htm/PR.161.htm#161.023 (accessed Jun. 5, 2024).

161.001
Definitions 161.002
Decree or Governing Instrument Controls 161.021
Authority of Fiduciary 161.022
Separate Assets 161.023
Expense of Custodianship 161.024
Records 161.025
Redelivery of Security Held by Nominee 161.026
Disposition of Security Held by Nominee 161.027
Liability 161.028
Certification 161.051
Application 161.052
Authority of Fiduciary 161.053
Bulk Holdings 161.054
Records 161.055
Regulation 161.056
Book Transfers 161.057
Liability 161.058
Certification

Up to date

Accessed:
Jun. 5, 2024

§ 161.023’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._prop._code_section_161.023

Original Source: Section 161.023 — Expense of Custodianship, https://statutes.capitol.texas.gov/Docs/PR/htm/PR.161.htm#161.023 (last accessed Jun. 5, 2024).

Tex. Prop. Code Section 161.023 Expense of Custodianship

Tex. Prop. Code Section 161.023
Expense of Custodianship