Sec. 123.107. INSURANCE FOR MEMBERS. A credit union may purchase or otherwise provide insurance for the benefit or convenience of its members in accordance with applicable law or rules adopted by the commission.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 157, Sec. 11, eff. Sept. 1, 1999.
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