Tex. Gov't Code § 2116.020 · Subchapter A. ESTABLISHMENT AND ADMINISTRATION OF TEXAS BULLION DEPOSITORY
POWER OF ATTORNEY; REVOCATION ON DEATH OR INCOMPETENCY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The depository shall recognize the authority of an attorney-in-fact authorized in writing by a depository account holder to manage or withdraw precious metals from the depository account holder's depository account until the depository receives written or actual notice of the revocation of that authority.
(b) For purposes of this section, written notice of the death or adjudication of incompetency of a depository account holder is considered to be written notice of revocation of the authority of the account holder's attorney-in-fact.
Notes and commentary — not statutory text
History
Added by Acts 2015, 84th Leg., R.S., Ch. 1000 (H.B. 483), Sec. 1, eff. June 19, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2116.htm
- Text hash
- sha256 c88ec64ee22d9a4e720e120a7b63e381b5d4dbc4c23a8c1f897457d2884da461
- 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.