Tex. Fin. Code Section 125.201
Powers of Credit Union Relating to Account

A credit union may:

(1)

open a share or deposit account in the name of a minor;

(2)

receive a payment on the account by or for the minor;

(3)

pay withdrawals;

(4)

accept pledges to the credit union by or for the minor; and

(5)

act in any other matter with respect to an account on the order of a minor.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 125.201 — Powers of Credit Union Relating to Account, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­125.­htm#125.­201 (accessed May 25, 2024).

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Accessed:
May 25, 2024

§ 125.201’s source at texas​.gov