Finance Code › Title 3 › Chapter 123 › Subchapter A

Texas Finance Code § 123.002

Incidental Powers

General Powers · General Powers

A credit union may exercise any right, privilege, or incidental power necessary or appropriate to exercise its specific powers and to accomplish the purposes for which it is organized.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

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