Texas Finance Code Title 3, Chapter 121 - General Provisions

• Texas Section 121.001 - Short Title
  This subtitle may be cited as the Texas Credit Union Act. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
• Texas Section 121.0011 - Policy
  The purposes of this subtitle are to safeguard the public interest, to promote public confidence in credit unions doing business in this state, to provide...
• Texas Section 121.002 - Definitions
  In this subtitle: (1) "Board" means the board of directors of a credit union. (2) "Credit union," unless the context relates to a federal credit...
• Texas Section 121.003 - Credit Unions Subject To Subtitle
  A credit union organized and existing under the laws of this state is governed by and authorized to do business under this subtitle. Acts 1997,...
• Texas Section 121.004 - Liberal Construction
  This subtitle shall be liberally construed to effect its purposes. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
• Texas Section 121.005 - Hearings
  (a) A hearing held under this subtitle is governed by Chapter 2001, Government Code. (b) The commission may adopt rules of procedure for a hearing...
• Texas Section 121.006 - Procedure And Rules Applicable To Certain Proceedings
  (a) If the commissioner proposes to revoke a credit union's certificate of incorporation, the credit union is entitled to a hearing conducted by the State...

Last modified: September 28, 2016