The stock of a mutual trust investment company may be owned only by fiduciary institutions acting as fiduciaries and any of their cofiduciaries.
Tex. Fin. Code § 275.151
OWNERSHIP
Known as the Texas Mutual Trust Investment Company Act
The act spans §§ 275–275 (15 sections).
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.26(a), eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.