Tex. Fin. Code § 275.153

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

Section 275.153 - Transfer and Assignment

The stock of a mutual trust investment company may not be transferred except to:

(1) the mutual trust investment company; or

(2) a fiduciary or cofiduciary that becomes successor to a stockholder and that is a bank or trust company qualified to hold the stock under this chapter.

Tex. Fin. Code § 275.153

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