Texas § FI.125.504 - RELOCATION OF SAFE DEPOSIT BOX
Full text of Texas The Texas Constitution § FI.125.504 — RELOCATION OF SAFE DEPOSIT BOX, with citation guidance and answers to common questions.
§ FI.125.504. RELOCATION OF SAFE DEPOSIT BOX
RELOCATION OF SAFE DEPOSIT BOX; INVENTORY OF CONTENTS. (a) Except as otherwise provided by this section, Sections 125.505 through 125.507, Chapter 151 , Estates Code, or other law, a credit union may not relocate a safe deposit box rented for a term of six months or longer if the box rental is not delinquent or may not open the box to relocate its contents to another location, unless: (1) the lessee is present when the box is opened or relocated; or (2) the lessee has given the credit union written authorization to relocate the box or to open the box for purposes of relocation. (b) Storage conditions at the new box location must be at least as secure as the conditions at the original location. (c) If the box is opened during relocation, two employees shall prepare a detailed inventory of the contents of the box. At least one of the employees must be an officer or manager of the credit union and a notary public. (d) One lessee of a jointly held safe deposit box is sufficient to personally supervise or give written authorization for the box's relocation. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2015, 84th Leg., R.S., Ch. 1236 (S.B. 1296 ), Sec. 20.015, eff. September 1, 2015.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.125.504
What does The Texas Constitution § FI.125.504 cover?
Section FI.125.504 ("RELOCATION OF SAFE DEPOSIT BOX") 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.125.504?
A common citation format is "The Texas Constitution § FI.125.504" (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.125.504 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.