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

Tex. Local Government Code § 117.0521: CUSTODIANSHIP.

Where this section sits in the code

LOCAL GOVERNMENT CODE
TITLE 4. FINANCES
SUBTITLE B. COUNTY FINANCES
CHAPTER 117. DEPOSITORIES FOR CERTAIN TRUST FUNDS AND COURT REGISTRY FUNDS
SUBCHAPTER C. DEPOSITORY ACCOUNTS

A clerk shall act only in a custodial capacity in relation to a registry fund, a special account, or a separate account. A clerk is not a trustee for the beneficial owner and does not assume the duties, obligations, or liabilities of a trustee for a beneficial owner.

Added by Acts 1997, 75th Leg., ch. 505, Sec. 12, eff. Sept. 1, 1997.

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

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