Tex. Property Code § 161.056
BOOK TRANSFERS
Texas · Texas Property Code · Status: effective
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- Citation
- Tex. Property Code § 161.056, BOOK TRANSFERS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/565184
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Full text
The Federal Reserve Bank of Dallas or a clearing corporation holding securities deposited under this subchapter may transfer ownership of or other interests in the securities by making entries in the books of the bank or corporation and without physical delivery of certificates representing the securities.