Tex. Bus. & Com. Code § 4.112 · Subchapter A. GENERAL PROVISIONS AND DEFINITIONS
PAYMENT OF CHECK AT PAR.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as otherwise provided by Chapter 3 or this chapter, a payor bank shall pay a check drawn on it against an account with a sufficient balance at par without regard to whether the payee holds an account at the bank.
(b) This section does not prohibit a bank from requiring commercially reasonable verification of the payee's identity before settlement of the check.
(c) In addition to any remedy provided by law, the banking commissioner, in coordination with the Finance Commission of Texas, shall ensure that payor banks comply with the requirements of this section.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 699, Sec. 20, eff. Sept. 1, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.4.htm
- Text hash
- sha256 1564fa9ef9d9c48ff9f2cd5b310696985cc937c12d4f3500a138a2731996473a
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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Business & Commerce Code
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