Texas Finance Code § 124.001 Authorization

Sec. 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.

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

Section: 124.001  124.002  124.003  124.004  124.005  124.051  124.052  124.053  124.101  124.102  124.103  124.151  124.152  124.153  124.201  Next

Last modified: September 28, 2016