Untitled Texas Attorney General Opinion

The Honorable Jesse James Opinion No. H-. 186 State Treasurer Treasury Department Re:~ Are dividends held by Austin, Texas 78711 a bank trust department and credited to a parti- cular trust account or trust accounts subject to being reported as an “inactive account” or a “dormant account, ” pursuant to the provisions of Article 3272b, V. T. C S , Dear Mr. James: and related questions. You have asked for the opinion of this office on a number of questions concerning the applicability of Articles 3272~~ and 3272b, V. T. C. S. , to certain dividends, cash and stock, received by the trust…