Texas Government Code 2116.013 – Depository Accounts Not Interest-Bearing
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Terms Used In Texas Government Code 2116.013
- Forbearance: A means of handling a delinquent loan. A
The depository may not pay on a depository account:
(1) interest;
(2) an amount in the nature of interest; or
(3) a fee or other payment for the use or forbearance of use of money, bullion, specie, or precious metals deposited to a depository account.