Texas Finance Code Title 3, Chapter 59 - Miscellaneous Provisions
SUBCHAPTER A GENERAL PROVISIONS
- Texas Section 59.001 - Definitions
In this subchapter: (1) "Civil action" means a civil proceeding pending in a tribunal. The term does not include an examination or enforcement proceeding initiated...
- Texas Section 59.002 - Slander Or Libel Of Bank
(a) A person commits an offense if the person: (1) knowingly makes, circulates, or transmits to another person an untrue statement that is derogatory to...
- Texas Section 59.003 - Authority Of Notary Public
A notary public is not disqualified from taking an acknowledgment or proof of a written instrument as provided by Section 406.016, Government Code, solely because...
- Texas Section 59.004 - Succession Of Trust Powers
(a) If, at the time of a merger, reorganization, conversion, sale of substantially all of its assets under Chapter 32 or other applicable law, or...
- Texas Section 59.005 - Agency Activities
(a) A financial institution may receive deposits, renew time deposits, close loans, service loans, receive payments on loans and other obligations, and perform other services...
- Texas Section 59.006 - Discovery Of Customer Records
(a) This section provides the exclusive method for compelled discovery of a record of a financial institution relating to one or more customers but does...
- Texas Section 59.007 - Attachment, Injunction, Execution, Or Garnishment
(a) An attachment, injunction, execution, or writ of garnishment may not be issued against or served on a financial institution that has its principal office...
- Texas Section 59.008 - Claims Against Customers Of Financial Institutions
(a) A claim against a customer of a financial institution shall be delivered or served as otherwise required or permitted by law at the address...
- Texas Section 59.009 - Compliance Review Committee
(a) A financial institution or an affiliate of a financial institution, including its holding company, may establish a compliance review committee to test, review, or...
- Texas Section 59.010 - Confidentiality Of Administrative Subpoena
(a) Except to the extent disclosure is necessary to locate and produce responsive records, an administrative subpoena that meets the requirements of Subsection (b) and...
- Texas Section 59.011 - Lender Liability For Construction
(a) For purposes of Chapter 27, Property Code, and Title 16, Property Code, a federally insured financial institution regulated under this code is not a...
SUBCHAPTER B SAFE DEPOSIT BOXES
- Texas Section 59.012 - Loans For Developments That Use Harvested Rainwater
Financial institutions may consider making loans for developments that will use harvested rainwater as the sole source of water supply. Added by Acts 2011, 82nd...
- Texas Section 59.101 - Definition
In this subchapter, "safe deposit company" means a person who maintains and rents safe deposit boxes. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff....
- Texas Section 59.102 - Authority To Act As Safe Deposit Company
Any person may be a safe deposit company. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
- Texas Section 59.103 - Relationship Of Safe Deposit Company And Renter
In a safe deposit transaction the relationship of the safe deposit company and the renter is that of lessor and lessee and landlord and tenant,...
- Texas Section 59.104 - Delivery Of Notice
A notice required by this subchapter to be given to a lessee of a safe deposit box must be in writing and personally delivered or...
- Texas Section 59.105 - Effect Of Subchapter On Other Law
This subchapter does not affect Chapter 151, Estates Code, or another statute of this state governing safe deposit boxes. Acts 1997, 75th Leg., ch. 1008,...
- Texas Section 59.106 - Access By More Than One Person
(a) If a safe deposit box is leased in the name of two or more persons jointly or if a person other than the lessee...
- Texas Section 59.107 - Nonemergency Opening And Relocation
(a) A safe deposit company may not relocate a safe deposit box rented for a term of at least six months if the box rental...
- Texas Section 59.108 - Emergency Opening And Relocation
(a) A safe deposit company may relocate a safe deposit box or open the box to relocate its contents to another box or location without...
- Texas Section 59.109 - Delinquent Rental; Lien; Sale Of Contents
(a) If the rental for a safe deposit box is delinquent for at least six months, the safe deposit company may send notice to each...
SUBCHAPTER C ELECTRONIC TERMINALS
- Texas Section 59.110 - Routing Number On Key
(a) A depository institution that rents or permits access to a safe deposit box shall imprint the depository institution's routing number on each key to...
- Texas Section 59.201 - Electronic Terminals Authorized; Sharing Of Electronic Terminal
(a) A person may install, maintain, and operate one or more electronic terminals at any location for the convenience of customers of financial institutions. (b)...
SUBCHAPTER D SAFETY AT UNMANNED TELLER MACHINES
- Texas Section 59.202 - User Fee For Shared Electronic Terminal
(a) The owner of an electronic terminal that is located in this state and that is connected to a shared network may impose a fee...
- Texas Section 59.301 - Definitions
In this subchapter: (1) "Access area" means a paved walkway or sidewalk that is within 50 feet of an unmanned teller machine. The term does...
- Texas Section 59.302 - Exception For Certain Unmanned Teller Machines
This subchapter does not apply to an unmanned teller machine: (1) by which: (A) a customer of a financial institution can authorize and effect the...
- Texas Section 59.303 - Applicability To Certain Persons Who Are Not Owners Or Operators
(a) A person is not an owner or operator solely because the person's primary function is to provide for the exchange, transfer, or dissemination of...
- Texas Section 59.304 - Construction Of Subchapter
(a) This subchapter does not require the relocation or modification of an unmanned teller machine on the occurrence of a particular event or circumstance. (b)...
- Texas Section 59.305 - Lighting Required
During the period beginning 30 minutes after sunset and ending 30 minutes before sunrise, lighting shall be provided for: (1) an unmanned teller machine; (2)...
- Texas Section 59.306 - Persons Required To Provide Lighting
(a) Except as provided by Subsection (b), the owner or operator shall provide the lighting required by this subchapter. (b) A person who leases the...
- Texas Section 59.307 - Standards For Lighting
The lighting must be at least: (1) 10 candlefoot power at the face of the unmanned teller machine and extending in an unobstructed direction outward...
- Texas Section 59.308 - Safety Evaluation
(a) An owner or operator shall in good faith evaluate the safety of each unmanned teller machine that the person owns or operates. (b) In...
- Texas Section 59.309 - Notice Of Safety Precautions
(a) An issuer of an access device shall give the customer a notice of basic safety precautions that the customer should follow while using an...
- Texas Section 59.310 - Enforcement And Rules
(a) The finance commission and the Credit Union Commission shall enforce this subchapter and adopt rules to implement this subchapter. (b) The rules must establish...
Last modified: September 28, 2016