Texas Finance Code

§ 275.004 — INVESTMENT OF CORPORATION ASSETS

FI § 275.004Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES · Ch. 275. TEXAS MUTUAL TRUST INVESTMENT COMPANY ACT · Art. A. GENERAL PROVISIONS

Statute text

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A mutual trust investment company may invest its assets only in investments in which a trustee may invest under the laws of this state.

Legislative history

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.26(a), eff. Sept. 1, 1999.