{"data":{"id":"us-tx/tex.-finance-code-122.252","jurisdiction":"us-tx","citation":"Tex. Finance Code § 122.252","heading":"CONSIDERATION FOR LOAN, INVESTMENT, OR PURCHASE.","body":"(a) A person commits an offense if the person:\n(1) is a director, honorary director, advisory director, committee member, officer, or employee of a credit union; and\n(2) knowingly demands or receives, directly or indirectly, consideration for the credit union's making a specific loan or investment or purchasing an asset.\n(b) An offense under this section is a Class A misdemeanor.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE D. CREDIT UNIONS","CHAPTER 122. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS","SUBCHAPTER F. MISCONDUCT AND ENFORCEMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.122.htm#122.252","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"9eabd798d29d04b486572728492238b64fc8823703cebcc89ae0c41bce6ef438","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-122.251","next":"us-tx/tex.-finance-code-122.253"},"notice":"GroundRules: Original legal text. Not legal advice."}