Tex. Finance Code § 95.004

This is the official text of Tex. Finance Code § 95.004, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 95.004. DEPOSIT CONTRACT.

Official statutory text

(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

(2) the conditions on which withdrawals may be made.

(b) The savings bank shall hold the deposit contract in the records pertaining to the account.

(c) A deposit contract pertaining to a deposit account of a public or governmental entity must provide that the holder of the account may not become a member of the savings bank.

Status: in_force · Read it on the official government site

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