This subchapter and Section 113.003(b) govern:
(1) the liability of financial institutions that make payments as provided by this subchapter; and
(2) the set-off rights of those institutions.
APPLICABILITY OF SUBCHAPTER
Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff
This subchapter and Section 113.003(b) govern:
(1) the liability of financial institutions that make payments as provided by this subchapter; and
(2) the set-off rights of those institutions.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.