{"data":{"id":"us-tx/tex.-finance-code-124.053","jurisdiction":"us-tx","citation":"Tex. Finance Code § 124.053","heading":"ADDITIONAL LOAN APPLICATION NOT REQUIRED.","body":"An additional loan application is not required under an open-end credit plan under Section 124.051 or line of credit under Section 124.052 if the aggregate obligation does not exceed a limit of the extension of credit the credit union establishes.\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 B. OPEN-END CREDIT PLAN OR LINE OF CREDIT"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.124.htm#124.053","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"ff12d8d0a63ee0f557ec8cbaee930195b75ace7aed6b5caa2e27a3875f7edabf","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-124.052","next":"us-tx/tex.-finance-code-124.101"},"notice":"GroundRules: Original legal text. Not legal advice."}