{"data":{"id":"us-tx/tex.-finance-code-149.001","jurisdiction":"us-tx","citation":"Tex. Finance Code § 149.001","heading":"APPLICABILITY OF CHAPTERS 3 AND 4, BUSINESS \u0026 COMMERCE CODE.","body":"(a) Chapters 3 and 4, Business \u0026 Commerce Code, determine the rights, responsibilities, and liabilities of a person regarding an item drawn on, transferred to, or presented, remitted, collected, settled, negotiated, or otherwise handled by a credit union as if the credit union were a bank, unless otherwise provided by written agreement of the parties.\n(b) In this section:\n(1) \"Credit union\" means a credit union authorized to do business in this state under this subtitle or the Federal Credit Union Act (12 U.S.C. Section 1751 et seq.).\n(2) \"Item\":\n(A) means an instrument, whether or not negotiable, for the payment of money; and\n(B) does not include money.\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 149. MISCELLANEOUS PROVISIONS RELATING TO CREDIT UNIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.149.htm#149.001","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"04b5a4200167077124cbd4dda921b653ec19dd82c2bee5f549f6db038b6a3fa3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-126.458","next":"us-tx/tex.-finance-code-149.002"},"notice":"GroundRules: Original legal text. Not legal advice."}
