Tex. Fin. Code Section 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.
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.

Source: Section 37.004 — Effect of Closing, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­37.­htm#37.­004 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 37.004’s source at texas​.gov