Tex. Fin. Code § 275.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 275.002 - Definitions

In this chapter:

(1) "Fiduciary institution" means a:

(A) state bank with trust powers;

(B) national bank with trust powers; or

(C) trust company.

(2) "Stock" means a unit of participation in the net asset value of one or more of the investment funds of a mutual trust investment company.

Tex. Fin. Code § 275.002

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.26(a), eff. 9/1/1999.