Tex. Fin. Code § 125.405

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 125.405 - Account Withdrawals
(a) A credit union may require not longer than 60 days' notice for a withdrawal from a share or deposit account.
(b) The commissioner may impose an advance withdrawal notice requirement following issuance of a cease and desist order under Chapter 122. The commissioner by rule may require that a requirement imposed under this subsection apply to all members of the credit union.
(c) A membership share may not be withdrawn unless membership in the credit union is terminated.

Tex. Fin. Code § 125.405

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.