Tex. Fin. Code Section 95.105
Power of Attorney Account

(a)

A savings bank doing business in this state may continue to recognize the authority of an attorney-in-fact authorized in writing to manage or withdraw money from a deposit account of a member until the savings bank receives written or actual notice of the revocation of that authority.

(b)

For purposes of this section, written notice of the death or adjudication of incompetency of a member is considered to be written notice of revocation of the authority of the member’s attorney-in-fact.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 95.105 — Power of Attorney Account, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­95.­htm#95.­105 (accessed May 11, 2024).

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Accessed:
May 11, 2024

§ 95.105’s source at texas​.gov