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Current as of January 01, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 275.154. Ownership by Mutual Trust Investment Company - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-275-154/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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