{"data":{"id":"us-tx/tex.-finance-code-124.003","jurisdiction":"us-tx","citation":"Tex. Finance Code § 124.003","heading":"LIMITATIONS ON LOANS.","body":"A credit union may not make a loan to a member or a business interest of the member if the loan would cause the aggregate amount of loans to the member and the member's business interests to exceed:\n(1) an amount equal to 10 percent of the credit union's total assets; or\n(2) a lesser amount established by commission rule.\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 124. LOANS AND INVESTMENTS","SUBCHAPTER A. GENERAL PROVISIONS CONCERNING LOANS TO MEMBERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.124.htm#124.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"614cd58e3250e6845032804a149f25617260ca71b7a3088a2dbf6dda323fa1a2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-124.002","next":"us-tx/tex.-finance-code-124.004"},"notice":"GroundRules: Original legal text. Not legal advice."}