Sec. 95.006. TRANSFER OF ACCOUNT. (a) A deposit account may be transferred on the books of the savings bank only on presentation to the savings bank of:
(1) evidence of transfer satisfactory to the savings bank; and
(2) an application for transfer by the transferee.
(b) A transferee accepts an account subject to the terms of the:
(1) deposit contract; and
(2) savings bank'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
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