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Tex. Fin. Code § 59.007

ATTACHMENT, INJUNCTION, EXECUTION, OR GARNISHMENT

Known as the Texas Banking Act

The act spans §§ 31–59 (247 sections).

Applied in 1 court decision — leading case C&H Nationwide, Inc. v. Norwest Bank Texas NA (2000)

Most recently applied in C&H Nationwide, Inc. v. Norwest Bank Texas NA (March 2000)

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

(a) An attachment, injunction, execution, or writ of garnishment may not be issued against or served on a financial institution that has its principal office or a branch in this state to collect a money judgment or secure a prospective money judgment against the financial institution before the judgment is final and all appeals have been foreclosed by law.

(b) An attachment, injunction, execution, or writ of garnishment issued to or served on a financial institution for the purpose of collecting a money judgment or securing a prospective money judgment against a customer of the financial institution is governed by Section 59.008 and not this section.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.