Texas § 113.017 CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE.

Texas Statutes

§ 113.017 — CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE.

Texas § 113.017

Code PRProperty Code

This text of Texas § 113.017 (CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE.) 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. Property Code Code Ann. § 113.017 (2026).

Text

Sec. 113.017. CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE. A trustee may:

(1)hold corporate stock or other securities in the name of a nominee;

(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

(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.

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Sec. 113.017. CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE. A trustee may:
(1) hold corporate stock or other securities in the name of a nominee;
(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
(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.