Texas Statutes
Subchapter C. Loan Expenses
Section 124.102. Collection of Loan Expenses

Sec. 124.102. COLLECTION OF LOAN EXPENSES. A payment authorized by Section 124.101 may be:
(1) collected by the credit union and:
(A) retained by the credit union; or
(B) paid to a person rendering a service in connection with the payment; or
(2) paid directly by the member to the third party to whom it is payable.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.