Tex. Fin. Code § 123.111
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
This subtitle does not prohibit a credit union from investing its money, operating a business, managing or dealing in property, or taking any other action at any time that is reasonably necessary to avoid or mitigate a loss on a loan or on an investment made or obligation created in good faith and in the usual course of the credit union's business, as authorized by this subtitle or a rule adopted by the commission.
Tex. Fin. Code § 123.111