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§ 65.002.Restraining Order or Injunction Affecting Customer of Financial Institution

Title 3. Extraordinary Remedies · Chapter 65. Injunction · Subchapter A. General Provisions · Last amended 1999 · Last verified August 29, 2026

In one sentenceSection 65.002 makes service of a restraining order or injunction affecting property a financial institution holds for a customer governed by the Finance Code.

Full Text of § 65.002

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Service or delivery of a restraining order or injunction affecting property held by a financial institution in the name of or on behalf of a customer of the financial institution is governed by Section 59.008, Finance Code.
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Plain-English Summary

The same redirection the attachment and garnishment chapters make, applied to injunctive relief.

Service or delivery of a restraining order or injunction affecting property held by a financial institution in the name of or on behalf of a customer is governed by Section 59.008, Finance Code.

The provision covers a real and common situation. An order freezing a party’s accounts binds the party, but it is the bank that must stop honouring instructions — and the bank needs to know.

That provision routes service to one place — a registered address or a designated officer — instead of any branch that happens to receive it.

Without centralisation an order served at one branch would purport to bind an institution with hundreds, none of which knew of it.

"Service or delivery" is wider than the other chapters’ wording, and the addition matters here — an injunction is often communicated rather than formally served, and this covers both.

The provision reaches a restraining order as well as an injunction, which is the more urgent case: a temporary restraining order is granted quickly, often ex parte, and its effect depends on the bank learning of it at once.

Property held "in the name of or on behalf of a customer" covers trust and agency accounts as well as accounts in the customer’s own name.

All four routes to a bank-held asset now run through the same provision — attachment, garnishment, turnover receivership, and injunction — which is what allows an institution to have one process for all of them.

Frequently Asked Questions

How is a bank served with an injunction affecting an account?

Under Section 59.008 of the Finance Code, which centralises service rather than allowing it at any branch.

Does it cover a temporary restraining order?

Yes, and that is the more urgent case since such orders issue quickly and often ex parte.

What accounts are covered?

Property held in the name of or on behalf of a customer, including trust and agency accounts.

Amendment History

  • Added by Acts 1999, 76th Leg., ch. 344, Sec. 7.006, eff. Sept. 1, 1999.
Source & verification. Section text is reproduced verbatim from Texas Legislature Online (statutes.capitol.texas.gov). Enacted by the Texas Legislature. Current through May 14, 2026. Last verified August 29, 2026. · Official source