San Antonio Texas Change of Depository Agreement

State:
Texas
City:
San Antonio
Control #:
TX-OG-035
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Lessor is the owner of an undivided interest in and to the oil, gas, and other minerals, subject to a Lease designates another bank, its successors or assigns, instead of the depository bank named in the Lease or in any other agreement prior to this Agreement, as the Depository for any rentals and shut-in gas well royalties payable under the terms of the Lease.

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FAQ

Direct Deposit Will Be Returned to the Sender.

Once you sign up (regardless of the method), it takes 30 to 60 days for any direct deposit changes or new accounts to take effect. Make sure you don't close or switch your bank account before you see that first successful deposit.

In most cases, funds will be available in your bank account two to three business days after the payment is received at the TXCSDU.

Texas Law. This section of the Texas Constitution prohibits wage garnishment except for child support and spousal maintenance. This chapter discusses the writ of attachment, which allows a creditor to place a claim on a debtor's assets, including funds in a bank account, while a suit over the debt is going on.

The process required to change direct deposit can be cumbersome. They would need to contact your HR department and fill out a form with the credentials of their new institution, authorizing the new bank to receive the direct deposit. This process can take two-to-four weeks, or one-to-two pay cycles.

Due to payroll deadlines and the timing of your change, your direct deposit may not be active right away. You will receive a paper check until your account details are confirmed with your financial institution.

Contacting your bank, credit union, or savings and loan association; or. calling us at 1-800-772-1213 (TTY 1-800-325-0778).

States Can Garnish Funds from Joint Bank Accounts Even though such accounts have two account holders, one of whom is not liable for a child support debt, states can legally garnish funds from joint bank accounts to satisfy a noncustodial parent's child support obligation.

If you do not pay your child support, the Department of Revenue Child Support Enforcement Division (DOR/CSE) can seize your bank account to pay for the child support you owe. Seizing your bank account to pay a debt is called ?levying.?

Typically, yes?many direct deposit programs allow you to send your paycheck to a savings or checking account, and some even allow you to split it between the two.

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San Antonio Texas Change of Depository Agreement