Finance Code § 275.101
A mutual trust investment company must have at least five directors, and those directors generally must be officers or directors of a Texas bank or trust company. A non-Texas officer or director may serve only if the bank or trust company owns stock in the company in a fiduciary capacity.
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- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
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corporate governance financial institutions
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Finance Code § 275.101
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