Tex. Gov't Code § 2116.013

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

Section 2116.013 - Depository Accounts Not Interest-Bearing

The depository may not pay on a depository account:

(1) interest;

(2) an amount in the nature of interest; or

(3) a fee or other payment for the use or forbearance of use of money, bullion, specie, or precious metals deposited to a depository account.

Tex. Gov't. Code § 2116.013

Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1000,Sec. 1, eff. 6/19/2015.