Sec. 65.006. TRANSFER OF ACCOUNT. (a) A savings account may be transferred only on the books of an association on presentation to the association of:
(1) evidence of transfer satisfactory to the association; and
(2) an application for transfer by the transferee.
(b) A transferee accepts an account subject to the terms of the:
(1) savings contract; and
(2) association's charter and bylaws.
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