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Texas Statutes (Last Updated: January 4, 2014) |
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FINANCE CODE |
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Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES |
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Subtitle D. CREDIT UNIONS |
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Chapter 125. CREDIT UNION ACCOUNTS AND SERVICES |
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Subchapter F. SAFE DEPOSIT BOXES |
Sec. 125.508. KEY IMPRINTING
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(a) A credit union that rents or permits access to a safe deposit box shall:
(1) imprint all keys issued to the box after September 1, 1992, with its routing number; or
(2) issue keys imprinted with the routing number.
(b) If available space on a key is insufficient for imprinting the routing number, the credit union shall attach to the key a tag imprinted with the routing number.
(c) If a credit union believes that the routing number imprinted on a key, or a tag attached to a key, used to access a safe deposit box has been altered or defaced in a manner that the correct routing number is illegible, the credit union shall notify the Department of Public Safety, on a form designated by the commissioner, not later than the 10th day after the date the key is used to access the box.
(d) This section does not require a credit union to inspect the routing number imprinted on a key or an attached tag to determine whether the number has been altered or defaced.