Tex. Fin. Code § 123.209

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 123.209 - Transfer System

A credit union may establish, operate, or participate in a system that allows the transfer of credit union money or the shares or deposits of its members by electronic or other means, including a clearinghouse association, a data processing or other electronic network, the Federal Reserve System, or any other government payment or liquidity program.

Tex. Fin. Code § 123.209

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.