Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 123.202 - Receipt, Transfer, and Payment of Money
A credit union may:
(1) receive and disburse money;(2) receive a payment on a share or deposit; and(3) provide for the transfer or withdrawal of money from an account by the means and through the payment systems that the board determines best serve the convenience and needs of members and depositors.
Tex. Fin. Code § 123.202
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.