Tex. Fin. Code Section 65.003
Savings Contract

(a)

Each holder of a savings account must execute a savings contract. The contract must specify:

(1)

any special terms applicable to the account; and

(2)

the conditions on which withdrawals may be made.

(b)

The association shall hold a savings contract in the records pertaining to the account.

(c)

A savings contract pertaining to a savings account of a public or governmental entity must provide that the holder of the account may not become a member of the association.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 65.003 — Savings Contract, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­65.­htm#65.­003 (accessed May 11, 2024).

Green check means up to date. Up to date

Accessed:
May 11, 2024

§ 65.003’s source at texas​.gov