Ask
Search
Browse
Maps ▾
Belisarius ▾
Form a Business
Sign in
Browse
/
Tex. Code
/
Title 3 — FINANCIAL INSTITUTIONS AND BUSINESSES
/
Chapter 124 — LOANS AND INVESTMENTS
ILLEGALITY OF LOAN NOT A DEFENSE.
Tex. FIN Code § 124.251.
in effect
Sign in to generate a plain English summary
Ask Belisarius Agent
The illegality of a loan is not a defense in a credit union's action to recover on the loan.
← Tex. FIN Code § 124.204.
Read full chapter →
Tex. FIN Code § 124.252. →
Source:
TX Statutes (Official Site)
URL:
https://statutes.capitol.texas.gov/
Fetched:
6/28/2026
Starting a business in Texas?
Texas LLC guide: costs and requirements