Texas Finance Code 125.509 – Liability for Access to or Removal of Contents
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Terms Used In Texas Finance Code 125.509
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
A credit union that has identified the keys to a safe deposit box in accordance with Section 125.508 and that follows applicable law and the credit union’s established security procedures in permitting access to the box is not liable for damages arising because of access to or removal of the box’s contents.
