{"data":{"id":"us-tx/tex.-finance-code-95.104","jurisdiction":"us-tx","citation":"Tex. Finance Code § 95.104","heading":"TRUST ACCOUNT: UNDISCLOSED TRUST INSTRUMENT.","body":"(a) If a savings bank opens a deposit account for a person claiming to be the trustee for another and the savings bank has no other notice of the existence or terms of a trust other than a written claim against the account:\n(1) the person claiming to be the trustee may, on the person's signature, withdraw money from the account; and\n(2) if that person dies, the savings bank may pay the withdrawal value of all or part of the account, plus earnings on the account, to the person for whom the account was opened.\n(b) A savings bank has no further liability for a payment made under Subsection (a).\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE C. SAVINGS BANKS","CHAPTER 95. DEPOSIT ACCOUNTS","SUBCHAPTER B. PROVISIONS APPLICABLE TO SPECIFIC TYPES OF ACCOUNTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.95.htm#95.104","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"7b3a85f99e8bf248a5e96fe5d866a46dcdb97d556bbfd721372bb0d3fced5fbf","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-95.103","next":"us-tx/tex.-finance-code-95.105"},"notice":"GroundRules: Original legal text. Not legal advice."}