Texas Statutes
§ 65.011 — LIEN ON SAVINGS ACCOUNT.
Texas § 65.011
JurisdictionTexas
Code FIFinance Code
This text of Texas § 65.011 (LIEN ON SAVINGS ACCOUNT.) 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. § 65.011 (2026).
Text
Sec. 65.011. LIEN ON SAVINGS ACCOUNT.
(a)Without further agreement or pledge, an association or a federal association doing business in this state has a lien on all savings accounts owned by a member to whom or on whose behalf the association has advanced money by loan or otherwise.
(b)On default in the payment or satisfaction of the member's obligation, the association, without notice to or consent of the member, may cancel on its books all or part of the member's savings account and apply that amount to payment of the obligation.
(c)The association by written instrument may waive its lien in whole or in part on a savings account.
(d)The association may take the pledge of a savings account of the association that is owned by a member other than the borrower as additional security for
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 65.001
LIMITATIONS ON ACCOUNTS.§ 65.002
INVESTMENT IN ACCOUNTS.§ 65.003
SAVINGS CONTRACT.§ 65.004
EVIDENCE OF ACCOUNT.§ 65.005
ACCOUNT OWNERSHIP.§ 65.006
TRANSFER OF ACCOUNT.§ 65.008
ACCOUNT WITHDRAWALS.§ 65.010
REDEMPTION OF SAVINGS ACCOUNT.§ 65.011
LIEN ON SAVINGS ACCOUNT.§ 65.013
ACCOUNT AS LEGAL INVESTMENT.§ 65.101
ACCOUNT HELD BY MINOR.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 65.011, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/65.011.