Tex. Fin. Code Section 65.007
Lost or Destroyed Account Book or Certificate

(a)

An association may issue a new account book or certificate in the name of the holder of record of a savings account if:

(1)

the holder or the holder’s legal representative requests; and

(2)

proof is presented satisfactory to the association that the original book or certificate is lost or destroyed.

(b)

A new account book or certificate must expressly state that:

(1)

it is issued to replace a lost or destroyed account book or certificate; and

(2)

the association may not be held liable on the original account book or certificate.

(c)

An association may require indemnification against any loss resulting from issuing a new account book or certificate.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 65.007 — Lost or Destroyed Account Book or Certificate, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­65.­htm#65.­007 (accessed May 11, 2024).

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Accessed:
May 11, 2024

§ 65.007’s source at texas​.gov