Texas Statutes (Last Updated: January 4, 2014) |
PROPERTY CODE |
Title 10. MISCELLANEOUS BENEFICIAL PROPERTY INTERESTS |
Subtitle B. FIDUCIARIES |
Chapter 161. MANAGEMENT AND CONTROL OF SECURITIES |
Subchapter A. GENERAL PROVISIONS |
Sec. 161.001. DEFINITIONS
Latest version.
-
In this chapter:
(1) "Fiduciary" means an executor, administrator, or trustee of an express trust, including a corporation or a natural person acting as fiduciary, and a successor or substitute, whether or not designated in a trust instrument.
(2) "Clearing corporation" has the meaning assigned by Section 8.102, Business & Commerce Code, as amended.
Acts 1983, 68th Leg., p. 3715, ch. 576, Sec. 1, eff. Jan. 1, 1984.