{"data":{"id":"us-tx/tex.-finance-code-126.252","jurisdiction":"us-tx","citation":"Tex. Finance Code § 126.252","heading":"COMPENSATION OF CREDIT UNION EMPLOYEES AND OFFICERS.","body":"(a) This chapter does not prevent compensation of a salaried employee or officer of a credit union during the credit union's liquidation.\n(b) The compensation is considered an incidental expense of the liquidation.\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 126. CREDIT UNION SUPERVISION AND REGULATION","SUBCHAPTER F. ADMINISTRATION OF LIQUIDATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.126.htm#126.252","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"5cc0a3c762dd733c112cadc6a3a6b88c6eaec0c57a1ecdd8ada01475678de2e4","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-126.251","next":"us-tx/tex.-finance-code-126.253"},"notice":"GroundRules: Original legal text. Not legal advice."}