{"data":{"id":"us-tx/tex.-finance-code-125.502","jurisdiction":"us-tx","citation":"Tex. Finance Code § 125.502","heading":"RELATIONSHIP BETWEEN CREDIT UNION AND BOX HOLDER.","body":"(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.\n(b) The lessee is for all purposes in possession of the box and its contents.\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 F. SAFE DEPOSIT BOXES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.125.htm#125.502","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"5555d84e6681533eb23082a223c9879a76174b732990261d848949c2f498487a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-125.501","next":"us-tx/tex.-finance-code-125.503"},"notice":"GroundRules: Original legal text. Not legal advice."}
