Tex. Finance Code § 280.005

This is the official text of Tex. Finance Code § 280.005, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 280.005. ACCOUNT OR DEPOSIT NOT CONSIDERATION.

Official statutory text

For purposes of Chapter 47, Penal Code, or other state law, opening or making a deposit in an account is not considered a purchase, payment, or provision of a thing of value for participation in a savings promotion raffle and is not considered to require a substantial expenditure of time, effort, or inconvenience.

Status: in_force · Read it on the official government site

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