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

Tex. Finance Code § 95.004: DEPOSIT CONTRACT.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE C. SAVINGS BANKS
  4. CHAPTER 95. DEPOSIT ACCOUNTS
  5. SUBCHAPTER A. GENERAL PROVISIONS

(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.

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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