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State Law
Federal Law
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Texas Finance Code - Chapter 95 Deposit AccountsLegal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Chapter 95 Deposit Accounts (a) A savings bank may receive a deposit of money. (b) Money deposited in a savings bank may be withdrawn or paid on a check ... The board may limit the number and value of deposit accounts the savings bank may accept. Acts 1997, 75th Leg., ch. 1008, § 1, eff. ... (a) Any person may be the holder of a deposit account. (b) An investment in a deposit account may be made only in cash. (c) ... (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 ... Unless a savings bank acknowledges in writing a pledge of a deposit account, the savings bank may treat the holder of record of the account ... (a) A deposit account may be transferred on the books of the savings bank only on presentation to the savings bank of: (1) evidence of ... (a) A savings bank may contract to pay interest on deposit accounts or may pay earnings on deposit accounts in the form of dividends declared ... (a) If no contractual prohibition exists, a savings bank may redeem in the manner the board determines all or part of its deposit accounts if ... (a) Without further agreement or pledge, a savings bank or a federal savings bank doing business in this state has a lien on all deposit ... (a) Each of the following persons may invest money held by the person in a deposit account of a savings bank doing business in this ... The applicable provisions of Chapter XI, Texas Probate Code, govern deposit accounts held in a savings bank. Acts 1997, 75th Leg., ch. 1008, § 1, ... (a) A savings bank or a federal savings bank may accept a deposit account from a minor as the sole and absolute owner of the ... (a) Unless the terms of the account provide otherwise, a person on whose signature money may be withdrawn from a deposit account in the names ... (a) A savings bank or federal savings bank doing business in this state may accept a deposit account in the name of a fiduciary, including ... (a) If a savings bank opens a deposit account for a person claiming to be the trustee for another and the savings bank has no ... (a) A savings bank doing business in this state may continue to recognize the authority of an attorney-in-fact authorized in writing to manage or withdraw ... Last modified: August 10, 2007 |