Sec. 95.004.  DEPOSIT CONTRACT.  (a)  Each holder of a deposit account must execute a deposit contract.  The contract must specify:
(1)  any special terms applicable to the account;  and
(2)  the conditions on which withdrawals may be made.
(b)  The savings bank shall hold the deposit contract in the records pertaining to the account.
(c)  A deposit contract pertaining to a deposit account of a public or governmental entity must provide that the holder of the account may not become a member of the savings bank.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.