Property Code › Title 10 › Chapter 161 › Subchapter B

Texas Property Code § 161.028

Certification

Management and Control of Securities · Custodian of Securities

(a) On the demand of a fiduciary employing a bank to hold a security as custodian under this subchapter, the bank shall identify in a written certification the securities it holds for the fiduciary.

(b) On the demand of a party, or the attorney of a party, to an accounting by a bank holding a security in the name of a nominee under this subchapter, the bank shall identify in a written certification the securities it holds as fiduciary.

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.