{"data":{"id":"us-tx/tex.-finance-code-124.252","jurisdiction":"us-tx","citation":"Tex. Finance Code § 124.252","heading":"ILLEGALITY OF LOAN NOT A BAR TO ENFORCEMENT OR COLLECTION.","body":"The illegality of a loan does not prevent enforcement of the loan agreement against or collection of the loan from a person who is otherwise liable on the loan, including:\n(1) the borrower; or\n(2) a guarantor or surety.\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#124.252","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"eba9c278c055ed75eec64271b44cebba219c9b33ee26a55577efedcfb463fd2f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-124.251","next":"us-tx/tex.-finance-code-124.301"},"notice":"GroundRules: Original legal text. Not legal advice."}