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Tex. Finance Code § 124.203

AUTHORIZATION TO ACT AS COMAKER, GUARANTOR, OR ENDORSER

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 124.203, AUTHORIZATION TO ACT AS COMAKER, GUARANTOR, OR ENDORSER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645985
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A credit union may permit a director, senior management employee, or member of the credit committee to act as comaker, guarantor, or endorser of a loan to a member only in accordance with limitations imposed by Section 124.204.