Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 275.153: TRANSFER AND ASSIGNMENT.

Where this section sits in the code

FINANCE CODE
TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
SUBTITLE Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES
CHAPTER 275. TEXAS MUTUAL TRUST INVESTMENT COMPANY ACT
SUBCHAPTER D. MUTUAL TRUST INVESTMENT COMPANY STOCK

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.

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

Collected 2026-08-27T01:47:13Z. Source file · JSON

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