Tex. Finance Code § 123.202

This is the official text of Tex. Finance Code § 123.202, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 123.202. RECEIPT, TRANSFER, AND PAYMENT OF MONEY.

Official statutory text

A credit union may:

(1) receive and disburse money;

(2) receive a payment on a share or deposit; and

(3) provide for the transfer or withdrawal of money from an account by the means and through the payment systems that the board determines best serve the convenience and needs of members and depositors.

Status: in_force · Read it on the official government site

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