{"data":{"id":"us-tx/tex.-finance-code-124.203","jurisdiction":"us-tx","citation":"Tex. Finance Code § 124.203","heading":"AUTHORIZATION TO ACT AS COMAKER, GUARANTOR, OR ENDORSER.","body":"A credit union may permit a director, senior management employee, or member of the credit committee to act as comaker, guarantor, or endorser of a loan to a member only in accordance with limitations imposed by Section 124.204.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2003, 78th Leg., ch. 533, Sec. 39, eff. Sept. 1, 2003.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE D. CREDIT UNIONS","CHAPTER 124. LOANS AND INVESTMENTS","SUBCHAPTER E. LOANS TO DIRECTORS, EMPLOYEES, AND CREDIT COMMITTEE MEMBERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.124.htm#124.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"a0968909ab15760da2468601c2d35f0e650c32ca036a79dd01e287edd95b8cde","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-124.202","next":"us-tx/tex.-finance-code-124.204"},"notice":"GroundRules: Original legal text. Not legal advice."}