Tex. Finance Code § 65.003
This is the official text of Tex. Finance Code § 65.003, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 65.003. SAVINGS CONTRACT.
Official statutory text
(a) Each holder of a savings account must execute a savings contract. The contract must specify:
(1) any special terms applicable to the account; and
(2) the conditions on which withdrawals may be made.
(b) The association shall hold a savings contract in the records pertaining to the account.
(c) A savings contract pertaining to a savings account of a public or governmental entity must provide that the holder of the account may not become a member of the association.
(1) any special terms applicable to the account; and
(2) the conditions on which withdrawals may be made.
(b) The association shall hold a savings contract in the records pertaining to the account.
(c) A savings contract pertaining to a savings account of a public or governmental entity must provide that the holder of the account may not become a member of the association.
Status: in_force · Read it on the official government site
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