Tex. Fin. Code § 65.002 – Investment in Accounts | Midpage

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Texas Statutes

§ 65.002

Tex. Fin. Code § 65.002

Investment in Accounts

Effective Sep 1, 1997Acts 1997, 75th Leg., ch. 1008

(a) Any person may be the holder of a savings account.
(b) An investment in a savings account may be made only in cash.
(c) A person may invest in a savings account in the person's own right or in a trust or other fiduciary capacity.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.