Tex. Fin. Code § 125.105 · Subchapter B. MULTIPLE-PARTY ACCOUNTS
DISCHARGE OF LIABILITY ON PAYMENT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Payment of all or part of a multiple-party account to a party to the account discharges the credit union's liability to each party to the extent of the payment.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.125.htm
- Text hash
- sha256 b4210a28c0655506c7459233415d371a981c03b6dd4c226e9ccbeba3d6fef412
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.