Texas § FI.125.503 - ACCESS BY MORE THAN ONE PERSON
Full text of Texas The Texas Constitution § FI.125.503 — ACCESS BY MORE THAN ONE PERSON, with citation guidance and answers to common questions.
§ FI.125.503. ACCESS BY MORE THAN ONE PERSON
ACCESS BY MORE THAN ONE PERSON. (a) In the absence of a contract to the contrary, a credit union shall allow each holder of a safe deposit box jointly held in the name of two or more persons or a person other than the lessee designated in the lease agreement: (1) access to the box; and (2) removal of its contents. (b) A credit union is not responsible for damage arising because a holder or other designated person had access to the box or removed its contents. (c) The death of a holder of a jointly held safe deposit box does not affect the right of another holder or other designated person to have access to and remove contents from the box. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 87, Sec. 5, eff. Sept. 1, 1999.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.125.503
What does The Texas Constitution § FI.125.503 cover?
Section FI.125.503 ("ACCESS BY MORE THAN ONE PERSON") 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.125.503?
A common citation format is "The Texas Constitution § FI.125.503" (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.125.503 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.