The credit union is not required to inquire of a trustee the reason for a transaction or the intended use for money withdrawn or borrowed.
Tex. Fin. Code § 125.305
ACCOUNT TRANSACTION INQUIRIES
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
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.