Texas Statutes
§ 125.105 — DISCHARGE OF LIABILITY ON PAYMENT.
Texas § 125.105
JurisdictionTexas
Code FIFinance Code
This text of Texas § 125.105 (DISCHARGE OF LIABILITY ON PAYMENT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 125.105 (2026).
Text
Sec. 125.105. DISCHARGE OF LIABILITY ON PAYMENT. Payment of all or part of a multiple-party account to a party to the account discharges the credit union's liability to each party to the extent of the payment.
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 125.001
DEFINITION.§ 125.002
SHARE ACCOUNT.§ 125.003
DEPOSIT ACCOUNTS.§ 125.004
CONSTRUCTION WITH OTHER LAWS.§ 125.101
FORM OF ACCOUNT.§ 125.102
POWERS OF ACCOUNT HOLDERS.§ 125.104
OWNERSHIP INTEREST.§ 125.105
DISCHARGE OF LIABILITY ON PAYMENT.§ 125.106
DIVISION OF ACCOUNT ON DEATH.§ 125.107
SETOFF OF ACCOUNT.§ 125.202
VOTING; OFFICE-HOLDING.§ 125.301
FORM OF ACCOUNT.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 125.105, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/125.105.