Untitled Texas Attorney General Opinion

. ... 287 . . . . ...* OFFICE OF THE AlTORNEY GENERAL OF TEXAS AUSTIN . 8 A. s. Rutnon, J?., pb# 3 lallor&blo lrtiolo 514, R. 0. 8., a8 Mended, protldenr WfJkn Md Bank and uunt Oupmion 0rut.d unduth in Tit& sh a ll g no JJl~we h ?ulltatr SW #a tranMotion nwh ali6heJ Mf aoquire in tha anfotooun ~4 oollootiom of debta and liBbluti~8&letot&r, shiohlmdn .oroQulrti ooqwatiolp nh8llk allmtod br it 8 aster itn ua”““‘“:~t-~ not ho&d l g r ep o ?f~ r w l la m& u tt sh a llp r o o wr l owtlflraa oaMi88ioau th8t it, intuutn or- -7 w - t0P.d SO& thOJ’OOfJ ir rhlah We&t thotiwfw th e lkr~bnutuhdfram~u~ to I*u88th aOa r ir r iwn r nh8ll duo o t la luo h on~tffinato, not to oxmod aa lAdit%olPrlfir* urn, but in 150wont till l Bak 01 m aa4 L r uto b p a uoywnlwh r ea ea l a tofw a p wlo d ~B@W thur t- fOU8J pO?id~d 6hat w - b%l 88b8 0f ~981 48tak t0 0fri+u8, de00ta8 w 8t6okholder8 of rwh aon& ma Bank and uuot oom- puqnballb8Mdoc?aa~appaatheroewntof~ njoritr o f luoh 8tookh0lder8.' regudlun ofrhethu lm4 hnldinviolat1anoJthis Artiolalnoltatr to the dkte, It 18 plala thnt lan4 held br l b a lk inriolrltiao o fth ellrihr but mar. libuel pFo+i8ioM of Chmptu k of TLtla 32, Rr 0. 1.. In lubjeot to foefeitura b rlppjlw%ateoneheat proaodl8f@. ka&iao OS thin llabilitf to forf*ltwo,Md for otbrr boa8oan ,-mw--t hen &mad It judioiowthntUl had illo@ly holdbo wittoa art the booksof the bud. ponnlbllity thatthe Und uy k forieltod to the Mata mar, it 18 trIJ0, result in 168 a4 l8ennod at 8 1m.r rmaa thaa 15 tho bnnk pwrorwd 8 title soed lrutthe ro?ld,aaduf deerme the utent to uU0b tb a o&O?8 into the v*lw of .