Tex. Finance Code § 65.107
This is the official text of Tex. Finance Code § 65.107, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 65.107. POWER OF ATTORNEY ACCOUNT.
Official statutory text
(a) An association or a federal association doing business in this state may continue to recognize the authority of an attorney-in-fact authorized in writing to manage or withdraw money from a savings account of a member until the association receives written or actual notice of the revocation of that authority.
(b) For purposes of this section, written notice of the death or adjudication of incompetency of a member is considered to be written notice of revocation of the authority of the member's attorney-in-fact.
(b) For purposes of this section, written notice of the death or adjudication of incompetency of a member is considered to be written notice of revocation of the authority of the member's attorney-in-fact.
Status: in_force · Read it on the official government site
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