Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 122.252 - Consideration for Loan, Investment, or Purchase(a) A person commits an offense if the person:(1) is a director, honorary director, advisory director, committee member, officer, or employee of a credit union; and(2) knowingly demands or receives, directly or indirectly, consideration for the credit union's making a specific loan or investment or purchasing an asset.(b) An offense under this section is a Class A misdemeanor. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.