161.055 – REGULATION. A bank, trust company, or private
Texas Property Code § 161.055
Summary
This law regulates banks, trust companies, and private bankers in Texas that deposit securities. It specifies that these institutions must adhere to regulations set by the Finance Commission of Texas or the comptroller of the currency, depending on their charter status.
Applies to banks, trust companies, and private bankers in Texas.
Regulations are set by the Finance Commission or the comptroller.
Ensures compliance for institutions depositing securities.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's REGULATION. A bank, trust company, or private law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.