Tex. Fin. Code § 125.305

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 125.305 - Account Transaction Inquiries

The credit union is not required to inquire of a trustee the reason for a transaction or the intended use for money withdrawn or borrowed.

Tex. Fin. Code § 125.305

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