The stock of a mutual trust investment company may be owned only by fiduciary institutions acting as fiduciaries and any of their cofiduciaries.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Finance Code › Title 3 › Chapter 275 › Subchapter D
Texas Finance Code § 275.151
Ownership
Texas Mutual Trust Investment Company Act · Mutual Trust Investment Company Stock
Legislative history
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.26(a), eff. Sept. 1, 1999.