Texas Finance Code

§ 125.103 — POWERS OF MEMBERS RELATING TO ACCOUNT

FI § 125.103Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part D. CREDIT UNIONS · Ch. 125. CREDIT UNION ACCOUNTS AND SERVICES · Art. B. MULTIPLE-PARTY ACCOUNTS

Statute text

View on source

Subject to a policy adopted by the board, a member of a credit union by written notice to the credit union may:

(1)change or cancel a multiple-party account designation;

(2)change the form of the account; or

(3)stop or vary payment under the terms of the account.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.