Unless the fiduciary is a corporation, the cost of employing a bank as a custodian of securities under this subchapter is a charge against the estate or trust.
Official text of the Texas Property Code as published by the Texas Legislative Council.
Property Code › Title 10 › Chapter 161 › Subchapter B
Texas Property Code § 161.023
Expense of Custodianship
Management and Control of Securities · Custodian of Securities
Legislative history
Acts 1983, 68th Leg., p. 3716, ch. 576, Sec. 1, eff. Jan. 1, 1984.