Sec. 124.251. ILLEGALITY OF LOAN NOT A DEFENSE. The illegality of a loan is not a defense in a credit union's action to recover on the loan. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Illegality of Loan Not A Defense
Tex. Finance Code § 124.251, under Chapter 124.
Tex. Finance Code § 124.251