Sec. 125.103. POWERS OF MEMBERS RELATING TO ACCOUNT. Subject to a policy adopted by the board, a member of a credit union by written notice to the credit union may:
(1) change or cancel a multiple-party account designation;
(2) change the form of the account; or
(3) stop or vary payment under the terms of the account.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 125 - Credit Union Accounts and Services
Subchapter B. Multiple-Party Accounts
Section 125.101. Form of Account
Section 125.102. Powers of Account Holders
Section 125.103. Powers of Members Relating to Account
Section 125.104. Ownership Interest
Section 125.105. Discharge of Liability on Payment