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Tex. Finance Code § 63.007

RIGHT TO ACT TO AVOID LOSS

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 63.007, RIGHT TO ACT TO AVOID LOSS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645400
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This subtitle or another statute of this state does not deny an association the right to invest its money, operate a business, manage or deal in property, or take other action during any period that is reasonably necessary to avoid loss on a prior loan or investment or on an obligation created in good faith.