CONSTRUCTION OF SUBCHAPTER
Known as the Texas Banking Act
The act spans §§ 31–59 (247 sections).
Applied in 1 court decision — leading case BankDirect Capital Finance, LLC v. Plasma Fab, LLC (2017)
Most recently applied in BankDirect Capital Finance, LLC v. Plasma Fab, LLC (May 2017)
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
(a) This subchapter does not require the relocation or modification of an unmanned teller machine on the occurrence of a particular event or circumstance.
(b) A violation of this subchapter or a rule adopted under this subchapter is not negligence per se. Substantial compliance with this subchapter and each rule adopted under this subchapter is prima facie evidence that a person has provided adequate safety protection measures relating to an unmanned teller machine under this subchapter.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.