Texas Finance Code
§ 123.210 — SALE OF CERTAIN INSTRUMENTS OR SECURITIES; FEE
FI § 123.210Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part D. CREDIT UNIONS · Ch. 123. GENERAL POWERS · Art. C. FINANCIAL POWERS
Statute text
View on sourceA credit union may:
(1)collect, receive, and disburse money:
(A)in connection with the sale of a traveler's check, money order, cashier's check or draft, treasurer's draft, similar instrument, or security of any type; or
(B)for another purpose that may provide a benefit or convenience for its members; and
(2)collect a fee for those services.
Legislative history
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.