{"data":{"id":"us-tx/tex.-finance-code-124.251","jurisdiction":"us-tx","citation":"Tex. Finance Code § 124.251","heading":"ILLEGALITY OF LOAN NOT A DEFENSE.","body":"The illegality of a loan is not a defense in a credit union's action to recover on the loan.\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 F. ILLEGAL LOANS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.124.htm#124.251","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"9e247013dc150d45a6e3be479bc155e93706050f5fc58a5161e528491140f47b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-124.204","next":"us-tx/tex.-finance-code-124.252"},"notice":"GroundRules: Original legal text. Not legal advice."}