Texas § PR.113.017 - CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE
Full text of Texas The Texas Constitution § PR.113.017 — CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE, with citation guidance and answers to common questions.
§ PR.113.017. CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE
CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE. A trustee may: (1) hold corporate stock or other securities in the name of a nominee; (2) under Subchapter B , Chapter 161 , or other law, employ a bank incorporated in this state or a national bank located in this state as custodian of any corporate stock or other securities held in trust; and (3) under Subchapter C , Chapter 161 , or other law, deposit or arrange for the deposit of securities with a Federal Reserve Bank or in a clearing corporation. Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § PR.113.017
What does The Texas Constitution § PR.113.017 cover?
Section PR.113.017 ("CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § PR.113.017?
A common citation format is "The Texas Constitution § PR.113.017" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § PR.113.017 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.