The illegality of a loan is not a defense in a credit union's action to recover on the loan.
Tex. Fin. Code § 124.251
ILLEGALITY OF LOAN NOT A DEFENSE
Known as the Texas Credit Union Act
The act spans §§ 121–149 (219 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.