Tex. Finance Code § 123.204
ACTION AS AGENT OR DEPOSITORY OF UNITED STATES OR OTHER GOVERNMENTAL ENTITY
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 123.204, ACTION AS AGENT OR DEPOSITORY OF UNITED STATES OR OTHER GOVERNMENTAL ENTITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645954
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Full text
A credit union may act as agent or depository of and accept for deposit the money of:
(1) the United States or an agent or instrumentality of the United States;
(2) this or another state; or
(3) a political subdivision of this or another state, including:
(A) a municipality;
(B) a county;
(C) a school district; or
(D) another taxing authority.