163.011 – APPLICABILITY OF OTHER PARTS OF CODE. Chapters
Texas Property Code § 163.011
Summary
This section clarifies that Chapters 116 and 117 of the Texas Property Code do not apply to institutional funds governed by this chapter. It is relevant for attorneys managing institutional funds, ensuring they understand the specific legal framework applicable to these assets.
Excludes institutional funds from Chapters 116 and 117.
Clarifies legal applicability for fund management.
Important for attorneys handling institutional assets.
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In simple terms: Learn about Texas's APPLICABILITY OF OTHER PARTS OF CODE. Chapters law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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