Tex. Fin. Code § 59.008 · Subchapter A. GENERAL PROVISIONS
CLAIMS AGAINST CUSTOMERS OF FINANCIAL INSTITUTIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A claim against a customer of a financial institution shall be delivered or served as otherwise required or permitted by law at the address designated as the address of the registered agent of the financial institution in a registration filed with the secretary of state pursuant to Section 201.102, with respect to an out-of-state financial institution, or Section 201.103, with respect to a Texas financial institution.
(b) If a financial institution files a registration statement with the secretary of state pursuant to Section 201.102, with respect to an out-of-state financial institution, or Section 201.103, with respect to a Texas financial institution, a claim against a customer of the financial institution is not effective as to the financial institution if the claim is served or delivered to an address other than that designated by the financial institution in the registration as the address of the financial institution's registered agent.
(c) The customer bears the burden of preventing or limiting a financial institution's compliance with or response to a claim subject to this section by seeking an appropriate remedy, including a restraining order, injunction, protective order, or other remedy, to prevent or suspend the financial institution's response to a claim against the customer.
(d) A financial institution that does not file a registration with the secretary of state pursuant to Section 201.102, with respect to an out-of-state financial institution, or Section 201.103, with respect to a Texas financial institution, is subject to service or delivery of all claims against customers of the financial institution as otherwise provided by law.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 344, Sec. 2.016, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.59.htm
- Text hash
- sha256 b5c8a10f9c54d3ae87f6ef6e5e1d00a92b93edd101d04552b4360874e143466b
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 13 provisions
Provisions in this library whose text cites Tex. Fin. Code § 59.008. Each shows the citation as that text prints it.
Civil Practice and Remedies Code
- Tex. Civ. Prac. & Rem. Code § 17.028SERVICE ON FINANCIAL INSTITUTIONS.Printed as Section 59.008, Finance Code
- Tex. Civ. Prac. & Rem. Code § 31.002COLLECTION OF JUDGMENT THROUGH COURT PROCEEDING.Printed as Section 59.008, Finance Code
- Tex. Civ. Prac. & Rem. Code § 61.045ATTACHMENT OF PERSONALTY HELD BY FINANCIAL INSTITUTION.Printed as Section 59.008, Finance Code
- Tex. Civ. Prac. & Rem. Code § 63.008FINANCIAL INSTITUTION AS GARNISHEE.Printed as Section 59.008, Finance Code
- Tex. Civ. Prac. & Rem. Code § 64.036RECEIVERSHIP PROPERTY HELD BY FINANCIAL INSTITUTION.Printed as Section 59.008, Finance Code
- Tex. Civ. Prac. & Rem. Code § 65.002RESTRAINING ORDER OR INJUNCTION AFFECTING CUSTOMER OF FINANCIAL INSTITUTION.Printed as Section 59.008, Finance Code
Family Code
- Tex. Fam. Code § 157.3145SERVICE ON FINANCIAL INSTITUTION.Printed as Section 59.008, Finance Code
- Tex. Fam. Code § 157.327EXECUTION AND LEVY ON FINANCIAL ASSETS OF OBLIGOR.Printed as Section 59.008, Finance Code
- Tex. Fam. Code § 157.3271LEVY ON FINANCIAL INSTITUTION ACCOUNT OF DECEASED OBLIGOR.Printed as Section 59.008, Finance Code
Finance Code
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.