{"data":{"id":"us-tx/tex.-finance-code-125.307","jurisdiction":"us-tx","citation":"Tex. Finance Code § 125.307","heading":"TERMINATION OF ACCOUNT.","body":"When a trust is terminated, the credit union shall pay money remaining in a trust account as:\n(1) directed by the trustee;\n(2) prescribed by the trust agreement; or\n(3) provided by applicable law, in the absence of direction from the trustee or by the trust agreement.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE D. CREDIT UNIONS","CHAPTER 125. CREDIT UNION ACCOUNTS AND SERVICES","SUBCHAPTER D. TRUST ACCOUNT"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.125.htm#125.307","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"63f0b6980efedc6f2db926890656efa2914ca8b2d1e2ea3d8449696d1ef462b0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-125.306","next":"us-tx/tex.-finance-code-125.308"},"notice":"GroundRules: Original legal text. Not legal advice."}