Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 125.107: SETOFF OF ACCOUNT.

Where this section sits in the code

FINANCE CODE
TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
SUBTITLE D. CREDIT UNIONS
CHAPTER 125. CREDIT UNION ACCOUNTS AND SERVICES
SUBCHAPTER B. MULTIPLE-PARTY ACCOUNTS

Without qualifying another statutory right to a setoff or lien and subject to a contractual provision accepted by the credit union, a credit union has the right of setoff against the entire amount of a multiple-party account in which a party to the account is indebted to the credit union.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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