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Tex. Finance Code § 125.302

LOANS TO NONMEMBER TRUSTEE

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 125.302, LOANS TO NONMEMBER TRUSTEE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646016
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Subject to limitations imposed by this subtitle or a rule adopted under this subtitle, a credit union may make a fully secured loan to a nonmember trustee to enable the trustee to perform or assist the trustee in performing the trustee's fiduciary responsibilities.