89th Legislature, Regular Session
SB 2906
Relating to limitations on the termination of banking services by certain financial institutions.
Introduced
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- Passed Senate
- Passed House
- To Governor
- Became Law
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89R10918 EAS-F By: Paxton S.B. No. 2906 A BILL TO BE ENTITLED AN ACT relating to limitations on the termination of banking services by certain financial institutions. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Title 12, Business & Commerce Code, is amended by adding Chapter 601A to read as follows: CHAPTER 601A. LIMITATION ON TERMINATION OF BANKING SERVICES BY FINANCIAL INSTITUTIONS Sec. 601A.001. DEFINITIONS. In this chapter: (1) "Department" means the Texas Department of