Sec. 113.017. CORPORATE STOCK OR OTHER SECURITIES HELD IN NAME OF NOMINEE. A trustee may: (1) hold corporate stock or other securities in the name of a nominee; (2) under Subchapter B , Chapter 161 , or other law, employ a bank incorporated in this state or a national bank located in this state as custodian of any corporate stock or other securities held in trust; and (3) under Subchapter C , Chapter 161 , or other law, deposit or arrange for the deposit of securities with a Federal Reserve Bank or in a clearing corporation.
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