Tex. Fin. Code Section 125.105
Discharge of Liability on Payment


Payment of all or part of a multiple-party account to a party to the account discharges the credit union’s liability to each party to the extent of the payment.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 125.105 — Discharge of Liability on Payment, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­125.­htm#125.­105 (accessed May 25, 2024).

Accessed:
May 25, 2024

§ 125.105’s source at texas​.gov