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Tex. Finance Code § 125.105

DISCHARGE OF LIABILITY ON PAYMENT

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 125.105, DISCHARGE OF LIABILITY ON PAYMENT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646007
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Payment of all or part of a multiple-party account to a party to the account discharges the credit union's liability to each party to the extent of the payment.