H.B. No. 2964         AN ACT   relating to designation of a representative for notice regarding   abandonment of shares of a mutual fund.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 72.1021, Property Code, is amended by   adding Subsection (a-1) to read as follows:          (a-1)  A holder of shares of a mutual fund shall notify the   owner of the shares when the owner makes the initial purchase of   shares in the fund that the owner may designate a representative   under Subsection (a).          SECTION 2.  This Act takes effect September 1, 2017.       ______________________________ ______________________________      President of the Senate Speaker of the House                   I certify that H.B. No. 2964 was passed by the House on April   19, 2017, by the following vote:  Yeas 148, Nays 0, 1 present, not   voting; and that the House concurred in Senate amendments to H.B.   No. 2964 on May 19, 2017, by the following vote:  Yeas 142, Nays 0,   1 present, not voting.     ______________________________   Chief Clerk of the House               I certify that H.B. No. 2964 was passed by the Senate, with   amendments, on May 16, 2017, by the following vote:  Yeas 30, Nays   0.     ______________________________   Secretary of the Senate      APPROVED: __________________                   Date                       __________________                 Governor