Texas Statutes
§ 183.107 — LIMITATION ON ACTION OF OFFICER OR EMPLOYEE IN RELATION TO ASSET OR LIABILITY.
Texas § 183.107
JurisdictionTexas
Code FIFinance Code
This text of Texas § 183.107 (LIMITATION ON ACTION OF OFFICER OR EMPLOYEE IN RELATION TO ASSET OR LIABILITY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 183.107 (2026).
Text
Sec. 183.107. LIMITATION ON ACTION OF OFFICER OR EMPLOYEE IN RELATION TO ASSET OR LIABILITY. Unless expressly authorized by a resolution of the board recorded in its minutes, an officer or employee may not create or dispose of a state trust company asset or create or incur a liability on behalf of the state trust company.
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Legislative History
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.
Nearby Sections
15
§ 183.001
ACQUISITION OF CONTROL.§ 183.004
APPEAL FROM ADVERSE DECISION.§ 183.005
OBJECTION TO OTHER TRANSFER.§ 183.006
CIVIL ENFORCEMENT; CRIMINAL PENALTY.§ 183.102
BYLAWS.§ 183.105
REQUIRED QUARTERLY BOARD MEETING.§ 183.106
OFFICERS.§ 183.108
CERTAIN CRIMINAL OFFENSES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 183.107, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/183.107.