Texas § 37.004 EFFECT OF CLOSING.

Texas Statutes

§ 37.004 — EFFECT OF CLOSING.

Texas § 37.004

Code FIFinance Code

This text of Texas § 37.004 (EFFECT OF CLOSING.) 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. § 37.004 (2026).

Text

Sec. 37.004. EFFECT OF CLOSING.

(a)A day on which a bank or one or more of its operations is closed during its normal banking hours as provided by this chapter is a legal holiday for all purposes with respect to any banking business affected by the closed bank or bank operation.

(b)A bank or a director, officer, or employee of a bank does not incur liability or loss of rights because of a closing authorized by this chapter.

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Sec. 37.004. EFFECT OF CLOSING. (a) A day on which a bank or one or more of its operations is closed during its normal banking hours as provided by this chapter is a legal holiday for all purposes with respect to any banking business affected by the closed bank or bank operation.
(b) A bank or a director, officer, or employee of a bank does not incur liability or loss of rights because of a closing authorized by this chapter.

Legislative History

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962 ), Sec. 64, eff. September 1, 2007.