Tex. Finance Code § 275.153
This is the official text of Tex. Finance Code § 275.153, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 275.153. TRANSFER AND ASSIGNMENT.
Official statutory text
The stock of a mutual trust investment company may not be transferred except to:
(1) the mutual trust investment company; or
(2) a fiduciary or cofiduciary that becomes successor to a stockholder and that is a bank or trust company qualified to hold the stock under this chapter.
(1) the mutual trust investment company; or
(2) a fiduciary or cofiduciary that becomes successor to a stockholder and that is a bank or trust company qualified to hold the stock under this chapter.
Status: in_force · Read it on the official government site
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