{"data":{"id":"us-tx/tex.-property-code-113.017","jurisdiction":"us-tx","citation":"Tex. Property Code § 113.017","heading":"CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE.","body":"A trustee may:\n(1) hold corporate stock or other securities in the name of a nominee;\n(2) under Subchapter B, Chapter 161, or other law, employ a bank incorporated in this state or a national bank located in this state as custodian of any corporate stock or other securities held in trust; and\n(3) under Subchapter C, Chapter 161, or other law, deposit or arrange for the deposit of securities with a Federal Reserve Bank or in a clearing corporation.\nAmended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.","path":["PROPERTY CODE","TITLE 9. TRUSTS","SUBTITLE B. TEXAS TRUST CODE: CREATION, OPERATION, AND TERMINATION OF TRUSTS","CHAPTER 113. ADMINISTRATION","SUBCHAPTER A. POWERS OF TRUSTEE"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.113.htm#113.017","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"7fd1d13183b8343e722c493596bf417b8a592450ed072456863b28d6e69f7ca5","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-113.016","next":"us-tx/tex.-property-code-113.018"},"notice":"GroundRules: Original legal text. Not legal advice."}