Texas Finance Code

§ 276.001 — ACCOUNTS FOR CANDIDATES FOR PUBLIC OFFICE

FI § 276.001Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES · Ch. 276. FINANCIAL INSTITUTION ACCOUNTS

Statute text

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(a)A financial institution may not open an account in the name of a candidate without obtaining that candidate's consent and signature. This subsection does not require that the candidate be a signatory to the account.

(b)In this section:

(1)"Candidate" has the meaning assigned by Section 251.001, Election Code.

(2)"Financial institution" means a bank, savings and loan association, savings bank, or credit union.

Legislative history

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.27(a), eff. Sept. 1, 1999.