Tex. Gov't Code § 2256.055
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
At the direction of the comptroller or the agency, a security purchased under this chapter may be deposited in trust with a bank or federal reserve bank or branch designated by the comptroller, whether in or outside the state. The deposit shall be held in the entity's name as evidenced by a trust receipt of the bank with which the securities are deposited.
Tex. Gov't. Code § 2256.055