{"data":{"id":"us-tx/tex.-finance-code-154.255","jurisdiction":"us-tx","citation":"Tex. Finance Code § 154.255","heading":"STANDARD OF DUTY OF DEPOSITORY.","body":"A depository described by Section 154.253(a)(1) shall be held to the standard of duty of a fiduciary in holding, investing, or disbursing the money.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 720 (H.B. 2393), Sec. 1, eff. September 1, 2007.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE E. OTHER FINANCIAL BUSINESSES","CHAPTER 154. PREPAID FUNERAL SERVICES","SUBCHAPTER F. TRUST-FUNDED PREPAID FUNERAL BENEFITS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.154.htm#154.255","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"d6c6ccdfb511c43e92779af9d327a40a45f0a9e981283cafd4d647978e301bac","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-154.254","next":"us-tx/tex.-finance-code-154.256"},"notice":"GroundRules: Original legal text. Not legal advice."}