Sec. 123.103. PURCHASE AND SALE OF PROPERTY. Subject to commission rules, a credit union may purchase, hold, lease, or dispose of property necessary or incidental to the operation or purpose of the credit union.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subchapter B. Operational Powers
Section 123.102. Power to Sue and Defend
Section 123.103. Purchase and Sale of Property
Section 123.104. Membership in Other Organization; Operation as Central Credit Union
Section 123.106. Change of Location