ACTION AS AGENT OR DEPOSITORY OF UNITED STATES OR OTHER GOVERNMENTAL ENTITY
Known as the Texas Credit Union Act
The act spans §§ 121.001 to 149.002 (219 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
A credit union may act as agent or depository of and accept for deposit the money of:
(1) the United States or an agent or instrumentality of the United States;
(2) this or another state; or
(3) a political subdivision of this or another state, including:
(A) a municipality;
(B) a county;
(C) a school district; or
(D) another taxing authority.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.