|
Senate Bill 714 |
Senate Author: Seliger |
|
Effective: 9-1-17 |
House Sponsor: Geren |
Senate Bill 714 amends the Estates Code to add an acknowledgement provision and a signature line to the uniform account form a financial institution may use to establish the type of account selected by the signer, to revise certain related disclosure provisions, and to exempt from such disclosure provisions an account opened or modified by a customer who is a legal entity or who is acting as a legal representative for another person.