Texas Statutes
§ 123.001 — GENERAL POWERS.
Texas § 123.001
JurisdictionTexas
Code FIFinance Code
This text of Texas § 123.001 (GENERAL POWERS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 123.001 (2026).
Text
Sec. 123.001. GENERAL POWERS. A credit union may exercise any power necessary or appropriate to accomplish the purposes for which it is organized and any power granted a corporation authorized to do business in this state, including any power specified in this chapter.
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 123.001
GENERAL POWERS.§ 123.002
INCIDENTAL POWERS.§ 123.003
ENLARGEMENT OF POWERS.§ 123.101
CONTRACTS.§ 123.102
POWER TO SUE AND DEFEND.§ 123.103
PURCHASE AND SALE OF PROPERTY.§ 123.105
FEES.§ 123.106
CHANGE OF LOCATION.§ 123.107
INSURANCE FOR MEMBERS.§ 123.108
DONATIONS.§ 123.109
SEAL.§ 123.110
RECORDS.§ 123.201
POWER TO BORROW OR LEND.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 123.001, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/123.001.