1 Tex. Admin. Code § 97.31

Current through Reg. 49, No. 42; October 18, 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