Texas Finance Code - Section 65.104. Pledge Of Joint Account
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Texas Lawyer > Finance Code > Texas Finance Code - Section 65.104. Pledge Of Joint Account
§ 65.104. PLEDGE OF JOINT ACCOUNT. (a) Unless the terms
of the savings account provide otherwise, a person on whose
signature money may be withdrawn from an account in the names of two
or more persons may, by a signed pledge, pledge and transfer to the
association or federal association all or part of the account.
(b) A pledge made under Subsection (a) does not sever or
terminate the joint and survivorship ownership of the account.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Section: 65.010 65.011 65.012 65.013 65.101 65.102 65.103 65.104 65.105 65.106 65.107 66.001 66.002 66.051 66.052
Last modified: August 10, 2007
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