Sec. 65.002. INVESTMENT IN ACCOUNTS. (a) Any person may be the holder of a savings account.
(b) An investment in a savings account may be made only in cash.
(c) A person may invest in a savings account in the person's own right or in a trust or other fiduciary capacity.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle B - Savings and Loan Associations
Subchapter A. General Provisions
Section 65.001. Limitations on Accounts
Section 65.002. Investment in Accounts
Section 65.003. Savings Contract
Section 65.004. Evidence of Account
Section 65.005. Account Ownership
Section 65.006. Transfer of Account
Section 65.007. Lost or Destroyed Account Book or Certificate
Section 65.008. Account Withdrawals
Section 65.009. Interest or Dividends Paid on Accounts
Section 65.010. Redemption of Savings Account
Section 65.011. Lien on Savings Account