Texas § FI.125.307 - TERMINATION OF ACCOUNT
Full text of Texas The Texas Constitution § FI.125.307 — TERMINATION OF ACCOUNT, with citation guidance and answers to common questions.
§ FI.125.307. TERMINATION OF ACCOUNT
TERMINATION OF ACCOUNT. When a trust is terminated, the credit union shall pay money remaining in a trust account as: (1) directed by the trustee; (2) prescribed by the trust agreement; or (3) provided by applicable law, in the absence of direction from the trustee or by the trust agreement. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.125.307
What does The Texas Constitution § FI.125.307 cover?
Section FI.125.307 ("TERMINATION OF ACCOUNT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.125.307?
A common citation format is "The Texas Constitution § FI.125.307" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.125.307 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.