{"data":{"id":"us-tx/tex.-finance-code-275.052","jurisdiction":"us-tx","citation":"Tex. Finance Code § 275.052","heading":"INCORPORATORS.","body":"(a) To incorporate, a mutual trust investment company must have five or more persons subscribe and acknowledge the company's articles of incorporation.\n(b) A person subscribing and acknowledging the articles of incorporation of a mutual trust investment company must be an officer or director of a fiduciary institution causing the mutual trust investment company to be incorporated.\nAdded by Acts 1999, 76th Leg., ch. 62, Sec. 7.26(a), eff. Sept. 1, 1999.","path":["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 B. CREATION OF MUTUAL TRUST INVESTMENT COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.275.htm#275.052","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"a272fae9cf48e3ea3e8111f616a6e33dcfa8d7e96be6a1d363fd8a272dbfc679","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-275.051","next":"us-tx/tex.-finance-code-275.053"},"notice":"GroundRules: Original legal text. Not legal advice."}
