Sec. 122.203.  CONVERSION OF FEDERAL OR OUT-OF-STATE CREDIT UNION TO STATE CREDIT UNION.  A credit union organized under the laws of the United States or of another state may convert to a credit union organized under the laws of this state by complying with:
(1)  the requirements of the jurisdiction under which the converting credit union is organized;  and
(2)  commission rules.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.