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Tex. Finance Code § 154.255

STANDARD OF DUTY OF DEPOSITORY

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 154.255, STANDARD OF DUTY OF DEPOSITORY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646254
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A depository described by Section 154.253(a)(1) shall be held to the standard of duty of a fiduciary in holding, investing, or disbursing the money.