Tex. Fin. Code § 65.006

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 65.006 - Transfer of Account

(a) A savings account may be transferred only on the books of an association on presentation to the association of:

(1) evidence of transfer satisfactory to the association; and

(2) an application for transfer by the transferee.

(b) A transferee accepts an account subject to the terms of the:

(1) savings contract; and

(2) association's charter and bylaws.

Tex. Fin. Code § 65.006

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.