Texas Statutes
Subchapter A. Establishment and Administration of Texas
Section 2116.013. Depository Accounts Not Interest-Bearing

Sec. 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.
Added by Acts 2015, 84th Leg., R.S., Ch. 1000 (H.B. 483), Sec. 1, eff. June 19, 2015.

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Structure Texas Statutes

Texas Statutes

Government Code

Title 10 - General Government

Subtitle C - State Accounting, Fiscal Management, and Productivity

Chapter 2116 - Texas Bullion Depository

Subchapter A. Establishment and Administration of Texas

Section 2116.001. Definitions

Section 2116.002. Texas Bullion Depository

Section 2116.003. Depository Administration; Administrator

Section 2116.004. Deposits and Related Assets Not Subject to Legislative Appropriation; Status of Deposits and Allocation of Revenues

Section 2116.005. Deposits and Depository Accounts; Standards

Section 2116.006. Demand, Presentment, Withdrawal, Delivery, and Settlement

Section 2116.007. Transfer of Depository Account Balance

Section 2116.008. Depository Account Contracts

Section 2116.009. Cause of Action for Denial of Deposit Liability

Section 2116.010. Fees; Service Charges; Penalties

Section 2116.011. Depository Account Ownership by Owner of Record

Section 2116.012. Transfer of Depository Account

Section 2116.013. Depository Accounts Not Interest-Bearing

Section 2116.014. Lien on Depository Account

Section 2116.015. Depository Account as Legal Investment

Section 2116.016. Applicability of Estates Code

Section 2116.017. Pledge of Jointly Held Depository Account

Section 2116.018. Depository Account Held by Fiduciary

Section 2116.019. Depository Account Held in Trust; Undisclosed Trust Instrument

Section 2116.020. Power of Attorney; Revocation on Death or Incompetency

Section 2116.021. Transactions and Relationships; Marketing and Publicity

Section 2116.022. Certain Actions Prohibited

Section 2116.023. Confiscations, Requisitions, Seizures, and Other Actions Void

Section 2116.024. Official Exchange Rates

Section 2116.025. Facilitation of Accounting and Reporting of Taxable Gains

Section 2116.026. Annual Report

Section 2116.027. Confidentiality of Records; Other Records Exempt From Disclosure