Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 65.007 - Lost or Destroyed Account Book or Certificate(a) An association may issue a new account book or certificate in the name of the holder of record of a savings account if:(1) the holder or the holder's legal representative requests; and(2) proof is presented satisfactory to the association that the original book or certificate is lost or destroyed.(b) A new account book or certificate must expressly state that: (1) it is issued to replace a lost or destroyed account book or certificate; and(2) the association may not be held liable on the original account book or certificate.(c) An association may require indemnification against any loss resulting from issuing a new account book or certificate. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.