Texas Property Code 161.028 – Certification
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(a) On the demand of a fiduciary employing a bank to hold a security as custodian under this subchapter, the bank shall identify in a written certification the securities it holds for the fiduciary.
(b) On the demand of a party, or the attorney of a party, to an accounting by a bank holding a security in the name of a nominee under this subchapter, the bank shall identify in a written certification the securities it holds as fiduciary.
Terms Used In Texas Property Code 161.028
- Fiduciary: A trustee, executor, or administrator.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005