Sec. 95.003. INVESTMENT IN ACCOUNTS. (a) Any person may be the holder of a deposit account.
(b) An investment in a deposit account may be made only in cash.
(c) A person may invest in a deposit 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
Subchapter A. General Provisions
Section 95.002. Limitations on Accounts
Section 95.003. Investment in Accounts
Section 95.004. Deposit Contract
Section 95.005. Account Ownership
Section 95.006. Transfer of Account
Section 95.007. Interest or Dividends Paid on Accounts
Section 95.008. Redemption of Deposit Account
Section 95.009. Lien on Deposit Account