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Tex. Local Government Code § 117.0521

CUSTODIANSHIP

Texas · Texas Local Government Code · Status: effective

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Tex. Local Government Code § 117.0521, CUSTODIANSHIP, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/689302
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A clerk shall act only in a custodial capacity in relation to a registry fund, a special account, or a separate account. A clerk is not a trustee for the beneficial owner and does not assume the duties, obligations, or liabilities of a trustee for a beneficial owner.