Tex. Fin. Code Section 95.003
Investment in Accounts


(a)

Any person may be the holder of a deposit account.

(b)

An investment in a deposit account may be made only in cash.

(c)

A person may invest in a deposit account in the person’s own right or in a trust or other fiduciary capacity.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 95.003 — Investment in Accounts, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­95.­htm#95.­003 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 95.003’s source at texas​.gov