(a) The name of a corporation chartered or operating under this title may contain the words “Title and Trust Company.”
(b) The name of a corporation chartered or operating under this title may not contain the word “Trust” alone. If the word “Trust” appears in the corporation’s letterhead or literature, the corporation shall include the words “Without Banking Privileges.”

Terms Used In Texas Insurance Code 2551.052

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.