{"data":{"id":"us-tx/tex.-finance-code-184.402","jurisdiction":"us-tx","citation":"Tex. Finance Code § 184.402","heading":"PLEDGE OF ASSETS.","body":"(a) A state trust company may not pledge or create a lien on any of its assets except to secure:\n(1) the repayment of money borrowed;\n(2) trust deposits as specifically authorized or required by:\n(A) Section 184.301;\n(B) Title 9, Property Code; or\n(C) rules adopted under this chapter; or\n(3) deposits made by:\n(A) the United States;\n(B) a state, county, or municipality; or\n(C) an agency of the United States or a state, county, or municipality.\n(b) An act, deed, conveyance, pledge, or contract in violation of this section is void.\nAdded by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE F. TRUST COMPANIES","CHAPTER 184. INVESTMENTS, LOANS, AND DEPOSITS","SUBCHAPTER E. LIABILITIES AND PLEDGE OF ASSETS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.184.htm#184.402","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"f126ca291cf5bee68fd5eac99917be7c63ddd8d6923538600620d3b57498f2c1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-184.401","next":"us-tx/tex.-finance-code-185.0001"},"notice":"GroundRules: Original legal text. Not legal advice."}