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Texas Finance Code

§ 124.301 — PARTICIPATION LOANS

FI § 124.301Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part D. CREDIT UNIONS · Ch. 124. LOANS AND INVESTMENTS · Art. G. LOAN PROGRAMS

Statute text

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A credit union may market and sell participations in loans to members originated by the credit union to another credit union, corporation, or financial organization.

Legislative history

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