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purchased under this chapter may be deposited in trust with a bank <br />or federal reserve bank or branch designated by the comptroller, <br />whether in or outside the state. The deposit shall be held in the <br />entity's name as evidenced by a trust receipt of the bank with which <br />the securities are deposited. <br />Amended by Acts 1995, 74th Leg., ch. 402, Sec. l, eff. Sept. l, <br />1995; Acts 1997, 75th Leg., ch. 1423, Sec. 8.69, eff. 5ept. 1, <br />1997. <br />29 <br />