{"data":{"id":"us-tx/tex.-finance-code-339.004","jurisdiction":"us-tx","citation":"Tex. Finance Code § 339.004","heading":"APPLICATION OF LICENSING REQUIREMENT AND SUBTITLE B TO CREDIT UNION OR EMPLOYEE BENEFIT PLAN.","body":"(a) A credit union is not subject to Subtitle B and is not required to obtain a license under this title.\n(b) With respect to a loan that an employee benefit plan that is subject to Title I of the Employee Retirement Income Security Act of 1974 (29 U.S.C. Sections 1001-1114) makes to a participant in the plan or a participant's beneficiary, the plan is not subject to Subtitle B and is not required to obtain a license under this title.\nAmended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE A. INTEREST","CHAPTER 339. MISCELLANEOUS PROVISIONS RELATING TO INTEREST"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.339.htm#339.004","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"bc085cdd5c6df0769cb09c9a23db60adcb848a1abb6863bd985667cd795cf93a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-339.003","next":"us-tx/tex.-finance-code-339.005"},"notice":"GroundRules: Original legal text. Not legal advice."}