Tex. Fin. Code Section 95.004
Deposit Contract


(a)

Each holder of a deposit account must execute a deposit 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 savings bank shall hold the deposit contract in the records pertaining to the account.

(c)

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

Source: Section 95.004 — Deposit Contract, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­95.­htm#95.­004 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 95.004’s source at texas​.gov