Texas Statutes

§ 280.005 — ACCOUNT OR DEPOSIT NOT CONSIDERATION.

Texas § 280.005
JurisdictionTexas
Code FIFinance Code

This text of Texas § 280.005 (ACCOUNT OR DEPOSIT NOT CONSIDERATION.) 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. § 280.005 (2026).

Text

Sec. 280.005. ACCOUNT OR DEPOSIT NOT CONSIDERATION. For purposes of Chapter 47 , Penal Code, or other state law, opening or making a deposit in an account is not considered a purchase, payment, or provision of a thing of value for participation in a savings promotion raffle and is not considered to require a substantial expenditure of time, effort, or inconvenience.

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Legislative History

Added by Acts 2017, 85th Leg., R.S., Ch. 978 (H.B. 471 ), Sec. 3, eff. November 7, 2017.

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Bluebook (online)
Texas § 280.005, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/280.005.