Tex. Fin. Code § 124.001

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 124.001 - Authorization

A credit union may make a loan to a member:

(1) in accordance with rules adopted by the commission;

(2) for a purpose the credit union approves; and

(3) on security and terms the credit union requires.

Tex. Fin. Code § 124.001

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