Texas § 149.001 APPLICABILITY OF CHAPTERS 3 AND 4, BUSINESS & COMMERCE CODE.

Texas Statutes

§ 149.001 — APPLICABILITY OF CHAPTERS 3 AND 4, BUSINESS & COMMERCE CODE.

Texas § 149.001

Code FIFinance Code

This text of Texas § 149.001 (APPLICABILITY OF CHAPTERS 3 AND 4, BUSINESS & COMMERCE CODE.) 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. § 149.001 (2026).

Text

Sec. 149.001. APPLICABILITY OF CHAPTERS 3 AND 4, BUSINESS & COMMERCE CODE.

(a)Chapters 3 and 4 , Business & Commerce Code, determine the rights, responsibilities, and liabilities of a person regarding an item drawn on, transferred to, or presented, remitted, collected, settled, negotiated, or otherwise handled by a credit union as if the credit union were a bank, unless otherwise provided by written agreement of the parties.

(b)In this section:

(1)"Credit union" means a credit union authorized to do business in this state under this subtitle or the Federal Credit Union Act (12 U.S.C. Section 1751 et seq.).

(2)"Item":

(A)means an instrument, whether or not negotiable, for the payment of money; and

(B)does not include money.

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Sec. 149.001. APPLICABILITY OF CHAPTERS 3 AND 4, BUSINESS & COMMERCE CODE. (a) Chapters 3 and 4 , Business & Commerce Code, determine the rights, responsibilities, and liabilities of a person regarding an item drawn on, transferred to, or presented, remitted, collected, settled, negotiated, or otherwise handled by a credit union as if the credit union were a bank, unless otherwise provided by written agreement of the parties.
(b) In this section:
(1) "Credit union" means a credit union authorized to do business in this state under this subtitle or the Federal Credit Union Act (12 U.S.C. Section 1751 et seq.).
(2) "Item":
(A) means an instrument, whether or not negotiable, for the payment of money; and
(B) does not include money.