Tex. Fin. Code § 124.251

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

Section 124.251 - Illegality of Loan Not A Defense

The illegality of a loan is not a defense in a credit union's action to recover on the loan.

Tex. Fin. Code § 124.251

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