Untitled Texas Attorney General Opinion

Honorable J. M. Falkner Opinion No. C-573 Banking Commissioner of Texas John H; Reagan Building Re: Where the by-laws of a Austin, Texas 78701 depository provide for the assessment of a charge against the account of a shareholder who falls to Increase hi6 share.balance to a minkmum of $5.00 and the aseeaement of e&i charges absorbs such accounts within 10 month8 is the . account subject co escheat, as a dormant or Inactive account, under Article ,3272b, Dear Mr. Falkner: V.C.S.? Your recent letter requesting the opinion of this office on the above captioned matter reads aa follows: "This…