Finance Code § 274.203
A subsidiary trust company may place fiduciary money with an affiliated bank if it keeps qualifying securities as security, and the securities must stay at least equal in market value to the deposit; the bank may adjust that fund only while the required value is maintained.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
affiliated banks fiduciary funds secured deposits
Statute overview
About this statute
This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.
Ask AI about this statute
Finance Code § 274.203
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign inLexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.