yourstate.us
Home / Texas / Finance Code
Tex. Finance Code § 124.053

ADDITIONAL LOAN APPLICATION NOT REQUIRED

Texas · Texas Finance Code · Status: effective

Banking, Finance & Insurance
Get this as JSONEmbed this
Cite this
Citation
Tex. Finance Code § 124.053, ADDITIONAL LOAN APPLICATION NOT REQUIRED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645973
Permanent ID
ys:prov:645973@1
SHA-256
b4f71fce8cd543ad7a2d627f02998ad27aa98b9d28b1ebc1d02a85dd4f57bc99

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

An additional loan application is not required under an open-end credit plan under Section 124.051 or line of credit under Section 124.052 if the aggregate obligation does not exceed a limit of the extension of credit the credit union establishes.