Statutes, codes, and regulations
Texas Administrative Code
Title 1 - ADMINISTRATIONPart 4 - OFFICE OF THE SECRETARY OF STATEChapter 97 - BUSINESS OPPORTUNITY
Subchapter C - TRUST ACCOUNT
Section 97.31 - Requirements of Trust Account

1 Tex. Admin. Code § 97.31

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Current through Reg. 49, No. 52; December 27, 2024
Section 97.31 - Requirements of Trust Account

A trust account established in accordance with §51.101(a)(2) of the Business Opportunity Act must be established with an entity that has the power to accept deposits under the law and that is authorized to transact business in Texas.

1 Tex. Admin. Code § 97.31

The provisions of this §97.31 adopted to be effective September 7, 1988, 13 TexReg 4233; Amended to be effective September 3, 2009, 34 TexReg 5895