Sec. 125.201. POWERS OF CREDIT UNION RELATING TO ACCOUNT

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A credit union may:
(1) open a share or deposit account in the name of a minor;
(2) receive a payment on the account by or for the minor;
(3) pay withdrawals;
(4) accept pledges to the credit union by or for the minor; and
(5) act in any other matter with respect to an account on the order of a minor.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

                    
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