Sec. 276.001. ACCOUNTS FOR CANDIDATES FOR PUBLIC OFFICE. (a) A financial institution may not open an account in the name of a candidate without obtaining that candidate's consent and signature. This subsection does not require that the candidate be a signatory to the account.
(b) In this section:
(1) "Candidate" has the meaning assigned by Section 251.001, Election Code.
(2) "Financial institution" means a bank, savings and loan association, savings bank, or credit union.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.27(a), eff. Sept. 1, 1999.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle Z - Miscellaneous Provisions Relating to Financial Institutions and Businesses
Chapter 276 - Financial Institution Accounts
Section 276.001. Accounts for Candidates for Public Office
Section 276.002. Garnishment of Financial Institution Account
Section 276.003. Use of Proceeds of Extension of Credit for Financial Institution Account