Tex. Fin. Code Section 125.302
Loans to Nonmember Trustee


Subject to limitations imposed by this subtitle or a rule adopted under this subtitle, a credit union may make a fully secured loan to a nonmember trustee to enable the trustee to perform or assist the trustee in performing the trustee’s fiduciary responsibilities.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 125.302 — Loans to Nonmember Trustee, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­125.­htm#125.­302 (accessed May 26, 2025).

Verified:
May 26, 2025

§ 125.302. Loans to Nonmember Trustee's source at texas​.gov