Gavvy: Fin. Code, Sec. 123.104. Membership in Other Organization; Operation As Central Credit Union.

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Sec. 123.104. Membership in Other Organization; Operation As Central Credit Union.


Sec. 123.104.  MEMBERSHIP IN OTHER ORGANIZATION;  OPERATION AS CENTRAL CREDIT UNION.  A credit union may:
(1)  be a member of:
(A)  another credit union organized under this subtitle  or other law;  and
(B)  another organization approved by the board;  or
(2)  operate, with the commissioner's approval, as a central credit union.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Gavvy last updated this database on: Sep 6, 2024