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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 123.202: RECEIPT, TRANSFER, AND PAYMENT OF MONEY.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE D. CREDIT UNIONS
  4. CHAPTER 123. GENERAL POWERS
  5. SUBCHAPTER C. FINANCIAL POWERS

A credit union may:

(1) receive and disburse money;

(2) receive a payment on a share or deposit; and

(3) provide for the transfer or withdrawal of money from an account by the means and through the payment systems that the board determines best serve the convenience and needs of members and depositors.

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

Collected 2026-08-27T01:47:13Z. Source file · JSON

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