Texas Finance Code 275.004 – Investment of Corporation Assets
Current as of: 2024 | Check for updates
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Terms Used In Texas Finance Code 275.004
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Trustee: A person or institution holding and administering property in trust.
A mutual trust investment company may invest its assets only in investments in which a trustee may invest under the laws of this state.