Untitled Texas Attorney General Opinion

The Attorney General of Texas October 30, 1980 MARK WHITE Attorney General Honorable John P. Parsons Opinion No. MW-261 Commissioner Credit Union Department Re: Whether a state chartered 914 East Anderson Lane credit union may be licensed to Austin, Texas 78752 make loans under the Texas Credit Code, and what rate of interest may be charged by the credit union on such lcans Dear Mr. Persons: You ask two questions concerning the applicability of the Texas Credit Code, article 5069, V.T.C.S., to the Texas Credit Union Act, article 2461, V.T.C.S. The first question you ask is: 1. May a credit…