Sec. 301.045. LOANS TO MEMBERS PROHIBITED. A cooperative association may not loan money to a member. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Loans To Members Prohibited
Tex. Health and Safety Code § 301.045, under Cooperative Associations.
Tex. Health and Safety Code § 301.045