Tex. Fin. Code § 65.007 · Subchapter A. GENERAL PROVISIONS
LOST OR DESTROYED ACCOUNT BOOK OR CERTIFICATE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An association may issue a new account book or certificate in the name of the holder of record of a savings account if:
(1) the holder or the holder's legal representative requests; and
(2) proof is presented satisfactory to the association that the original book or certificate is lost or destroyed.
(b) A new account book or certificate must expressly state that:
(1) it is issued to replace a lost or destroyed account book or certificate; and
(2) the association may not be held liable on the original account book or certificate.
(c) An association may require indemnification against any loss resulting from issuing a new account book or certificate.
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.65.htm
- Text hash
- sha256 8e71cff8f6f9373bb67137c205b33a7a31ea2bd385400e1ba6c70f2a25729514
- 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.