The board of directors of an association may limit the number and value of savings accounts the association may accept.
Tex. Fin. Code § 65.001
LIMITATIONS ON ACCOUNTS
Known as the Texas Savings and Loan Act
The act spans §§ 61–89 (217 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.