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

Tex. Finance Code § 280.005: ACCOUNT OR DEPOSIT NOT CONSIDERATION.

Where this section sits in the code

FINANCE CODE
TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
SUBTITLE Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES
CHAPTER 280. SAVINGS PROMOTION RAFFLE

For purposes of Chapter 47, Penal Code, or other state law, opening or making a deposit in an account is not considered a purchase, payment, or provision of a thing of value for participation in a savings promotion raffle and is not considered to require a substantial expenditure of time, effort, or inconvenience.

Added by Acts 2017, 85th Leg., R.S., Ch. 978 (H.B. 471), Sec. 3, eff. November 7, 2017.

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

Browse this collection