Tex. Rev. Civ. Stat. art. 1524e · Chapter 17. TRUST COMPANIES AND INVESTMENTS
REGULATION BY MUNICIPALITIES OR COUNTIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The rents, charges, capital structure, rate of return and areas and method of operation of any corporation organized under the provisions of Section 1 hereof shall be regulated, as hereinafter provided, by the governing body of any municipality or county where the properties to be owned or operated are situated outside the corporate limits of any organized town, city or village in which said corporation owns and operates any property. Should any such corporation own and operate properties in more than one municipality, the governing body of each municipality or county, where the properties to be owned or operated are situated outside the corporate limits of any organized town, city or village in which property of the corporation is situated, shall regulate in the manner prescribed by this Act the rents, charges, rate of return and area and method of operation of the property located within the territorial limits of such municipality or county, where the properties to be owned or operated are situated outside the corporate limits of any organized town, city or village, provided the governing body of a county shall not have the jurisdiction of regulation of property of such corporation situated within the corporate limits of a town, village, or city.
Notes and commentary — not statutory text
History
Acts 1932, 42nd Leg., 3rd C.S., p. 107, ch. 42, Sec. 4.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/CV/htm/CV.32.17.htm
- Text hash
- sha256 299a733447190feb08f6eb232b4b0ed4961bc9342dc9e5ee84926c86b4fd14f8
- 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.