Texas Finance Code
§ 95.003 — INVESTMENT IN ACCOUNTS
FI § 95.003Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 95. DEPOSIT ACCOUNTS · Art. A. GENERAL PROVISIONS
Statute text
View on source(a)Any person may be the holder of a deposit account.
(b)An investment in a deposit account may be made only in cash.
(c)A person may invest in a deposit account in the person's own right or in a trust or other fiduciary capacity.
Legislative history
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.