Tex. Finance Code § 275.052
This is the official text of Tex. Finance Code § 275.052, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 275.052. INCORPORATORS.
Official statutory text
(a) To incorporate, a mutual trust investment company must have five or more persons subscribe and acknowledge the company's articles of incorporation.
(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.
(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.
Status: in_force · Read it on the official government site
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