Texas § 65.003 SAVINGS CONTRACT.

Texas Statutes

§ 65.003 — SAVINGS CONTRACT.

Texas § 65.003

Code FIFinance Code

This text of Texas § 65.003 (SAVINGS CONTRACT.) 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. § 65.003 (2026).

Text

Sec. 65.003. SAVINGS CONTRACT.

(a)Each holder of a savings account must execute a savings contract. The contract must specify:

(1)any special terms applicable to the account; and

(2)the conditions on which withdrawals may be made.

(b)The association shall hold a savings contract in the records pertaining to the account.

(c)A savings contract pertaining to a savings account of a public or governmental entity must provide that the holder of the account may not become a member of the association.

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Sec. 65.003. SAVINGS CONTRACT. (a) Each holder of a savings account must execute a savings contract. The contract must specify:
(1) any special terms applicable to the account; and
(2) the conditions on which withdrawals may be made.
(b) The association shall hold a savings contract in the records pertaining to the account.
(c) A savings contract pertaining to a savings account of a public or governmental entity must provide that the holder of the account may not become a member of the association.