SB 661, 63rd R.S. history

Help | Status

SB 661, 63rd R.S.
Amending the Texas Trust Act to permit a corporation, which shall include a national banking association and a state chartered bank, serving as trustee, executor, administrator, or guardian to sell without prior court approval shares of the capital stock of itself so owned or held by itself for any estate to any one or more of its stockholders, who are not at the time of said sale and purchase serving either as an officer or director of said corporation.

Last action: Signed by Governor

Author: Max Sherman
Sponsor: Bill Clayton

Session Law Chapter:
Acts 1973, 63rd R.S.,ch. 210, General and Special Laws of Texas


HB 1144 (Identical)


House Committee: Judiciary ()
Minutes: May 8 1973
Senate Committee: Jurisprudence ()

The Legislative Archive System is a work in progress. Complete information is not available for all bills and all sessions. Visit the Legislative Archive System status page for details. Please contact the Legislative Reference Library at 512-463-1252 if you have any questions. Information on this website is provided as a public service by the Legislative Reference Library. The Legislative Reference Library makes no representation as to its completeness or accuracy and makes no warranty in regard to its use. Users assume all risk of reliance on the information included on this site.