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Texas Finance Code

§ 95.001 — DEPOSITS

FI § 95.001Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 95. DEPOSIT ACCOUNTS · Art. A. GENERAL PROVISIONS

Statute text

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(a)A savings bank may receive a deposit of money.
(b)Money deposited in a savings bank may be withdrawn or paid on a check of the deposit account holder.
(c)Unless the deposit contract expressly provides otherwise, a deposit must be payable on demand without notice.

Legislative history

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