Tex. Fin. Code § 95.004 · Subchapter A. GENERAL PROVISIONS
DEPOSIT CONTRACT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Each holder of a deposit account must execute a deposit contract. The contract must specify:
(1) any special terms applicable to the account; and
(2) the conditions on which withdrawals may be made.
(b) The savings bank shall hold the deposit contract in the records pertaining to the account.
(c) A deposit contract pertaining to a deposit account of a public or governmental entity must provide that the holder of the account may not become a member of the savings bank.
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.95.htm
- Text hash
- sha256 f488fefe8f033781a02d4c8f73c49f1551db4eaf942fd3b3f8313d7bf07e06a5
- 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.