Tex. Gov't Code Section 2116.013
Depository Accounts Not Interest-bearing


The depository may not pay on a depository account:

(1)

interest;

(2)

an amount in the nature of interest; or

(3)

a fee or other payment for the use or forbearance of use of money, bullion, specie, or precious metals deposited to a depository account.
Added by Acts 2015, 84th Leg., R.S., Ch. 1000 (H.B. 483), Sec. 1, eff. June 19, 2015.

Source: Section 2116.013 — Depository Accounts Not Interest-bearing, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­2116.­htm#2116.­013 (accessed Apr. 29, 2024).

Accessed:
Apr. 29, 2024

§ 2116.013’s source at texas​.gov