Tex. Fin. Code § 125.505 · Subchapter F. SAFE DEPOSIT BOXES
NOTICE OF BOX RELOCATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A credit union shall give a lessee of a safe deposit box at least 30 days' notice of the box's relocation. The notice must state:
(1) the scheduled date and time of the relocation; and
(2) whether the box will be opened during the relocation.
(b) If the lessee does not personally supervise the relocation or give written authorization for the relocation, the credit union shall notify the lessee of the new box number or location not later than the 30th day after the date of the relocation. The credit union must include a copy of the signed and notarized inventory report required by Section 125.504(c) with the notice.
(c) A notice required by this section must be sent by certified mail, return receipt requested, to each lessee named in the records of the credit union at the address shown in those records.
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 9b08dfca23e6997e11d8ef6c2ed5a5cb2585df02acd23556b574e27f328c385a
- 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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