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Texas Finance Code - FIN § 183.107. Limitation on Action of Officer or Employee in Relation to Asset or Liability

Current as of January 01, 2024 | Updated by Findlaw Staff

Unless expressly authorized by a resolution of the board recorded in its minutes, an officer or employee may not create or dispose of a state trust company asset or create or incur a liability on behalf of the state trust company.

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Cite this article: FindLaw.com - Texas Finance Code - FIN § 183.107. Limitation on Action of Officer or Employee in Relation to Asset or Liability - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-183-107/

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