An expense payment authorized by Section 64.021 is not interest or compensation charged by an association for the loan of money.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Finance Code › Title 3 › Chapter 64 › Subchapter B
Texas Finance Code § 64.023
Character of Loan Expense Payments
Loans and Investments · Loan Expenses
Legislative history
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.