Tex. Finance Code § 275.154
OWNERSHIP BY MUTUAL TRUST INVESTMENT COMPANY
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 275.154, OWNERSHIP BY MUTUAL TRUST INVESTMENT COMPANY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646979
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Full text
A mutual trust investment company may acquire its own stock and shall bind itself, by contract or its bylaws, to acquire its own stock, but may not vote on shares of its own stock.