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.