Texas Finance Code

§ 124.052 — LINE OF CREDIT

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FI § 124.052Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part D. CREDIT UNIONS · Ch. 124. LOANS AND INVESTMENTS · Art. B. OPEN-END CREDIT PLAN OR LINE OF CREDIT

Statute text

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A credit union may approve in advance a line of credit and grant advances to a member within the limit of the extension of credit.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.