Property Code › Title 10 › Chapter 161 › Subchapter B

Texas Property Code § 161.026

Disposition of Security Held by Nominee

Management and Control of Securities · Custodian of Securities

A bank holding a security in the name of a nominee under this subchapter may make any disposition of the security that is authorized or ordered by a court having jurisdiction of the estate or trust.

Official text of the Texas Property Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1983, 68th Leg., p. 3717, ch. 576, Sec. 1, eff. Jan. 1, 1984.