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Tex. Property Code § 161.027

LIABILITY

Texas · Texas Property Code · Status: effective

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Tex. Property Code § 161.027, LIABILITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/565176
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A bank holding a security in the name of a nominee under this subchapter is liable for a loss resulting from the acts of the bank's nominee with respect to the security.