Line of Credit

Tex. Finance Code § 124.052, under Chapter 124.

Tex. Finance Code § 124.052

Sec. 124.052. LINE OF CREDIT. A credit union may approve in advance a line of credit and grant advances to a member within the limit of the extension of credit. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.