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

Tex. Finance Code § 123.211: CERTIFICATES OF INDEBTEDNESS.

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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

The commission by rule may authorize a credit union to issue certificates of indebtedness that are subordinated to all other claims of credit union creditors.

Added by Acts 2003, 78th Leg., ch. 533, Sec. 36, eff. Sept. 1, 2003.

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

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