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Tex. Loc. Gov't Code § 104.003

EFFECT OF EARLY WITHDRAWAL

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff

If any of the funds placed in time deposit accounts are required before maturity, they shall be made available by the depository bank, but the bank is not liable for interest earned on any amount withdrawn before maturity.

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