Tex. Fin. Code § 275.052 · Subchapter B. CREATION OF MUTUAL TRUST INVESTMENT COMPANY
INCORPORATORS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.26(a), eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.275.htm
- Text hash
- sha256 dd4e27ff644446cfafb431c9c4d4e7098136f1c7a865604c92a456f9454178cc
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.