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

Tex. Finance Code § 125.502: RELATIONSHIP BETWEEN CREDIT UNION AND BOX HOLDER.

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 F. SAFE DEPOSIT BOXES

(a) In the absence of a contract to the contrary, the relationship between a credit union and the renter of a safe deposit box maintained at the credit union is that of lessor and lessee and landlord and tenant. The rights and liabilities of the credit union are governed by the law governing those relationships.

(b) The lessee is for all purposes in possession of the box and its contents.

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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