Texas Property Code

§ 161.001 — DEFINITIONS

PR § 161.001Title 10. MISCELLANEOUS BENEFICIAL PROPERTY INTERESTS · Part B. FIDUCIARIES · Ch. 161. MANAGEMENT AND CONTROL OF SECURITIES · Art. A. GENERAL PROVISIONS

Statute text

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In this chapter:

(1)"Fiduciary" means an executor, administrator, or trustee of an express trust, including a corporation or a natural person acting as fiduciary, and a successor or substitute, whether or not designated in a trust instrument.

(2)"Clearing corporation" has the meaning assigned by Section 8.102, Business & Commerce Code, as amended.

Legislative history

Acts 1983, 68th Leg., p. 3715, ch. 576, Sec. 1, eff. Jan. 1, 1984.