Tex. Finance Code § 123.209
This is the official text of Tex. Finance Code § 123.209, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 123.209. TRANSFER SYSTEM.
Official statutory text
A credit union may establish, operate, or participate in a system that allows the transfer of credit union money or the shares or deposits of its members by electronic or other means, including a clearinghouse association, a data processing or other electronic network, the Federal Reserve System, or any other government payment or liquidity program.
Status: in_force · Read it on the official government site
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