Texas Finance Code Title 3, Chapter 279 - Banking And Credit Union Development Districts

SUBCHAPTER A GENERAL PROVISIONS

SUBCHAPTER B BANKING DEVELOPMENT DISTRICTS

• Texas Section 279.001 - Definitions
  In this chapter: (1) "Credit union" means a state or federal credit union. (2) "Finance commission" means the Finance Commission of Texas. (3) "Financial institution"...
• Texas Section 279.051 - Administration Of Program
  The finance commission shall administer and monitor a banking development district program under this chapter to encourage the establishment of branches of a financial institution...
• Texas Section 279.052 - Rules
  (a) Subject to Subsection (b), the finance commission shall adopt rules to implement this subchapter and Subchapter D with respect to financial institutions in banking...
• Texas Section 279.053 - Application For Designation Of Banking Development District
  A local government, in conjunction with a financial institution, may submit an application to the finance commission for the designation of a banking development district....
• Texas Section 279.054 - Application By Financial Institution To Open Branch In District
  A financial institution may apply to open a branch in the proposed banking development district at the time the local government submits an application in...

SUBCHAPTER C CREDIT UNION DEVELOPMENT DISTRICTS

• Texas Section 279.055 - Determination By Finance Commission
  (a) Not later than the 120th day after the date an application for the designation of a banking development district is submitted under Section 279.053,...
• Texas Section 279.101 - Administration Of Program
  The Credit Union Commission shall administer and monitor a credit union development district program under this chapter to encourage the establishment of branches of a...
• Texas Section 279.102 - Rules
  (a) Subject to Subsection (b), the Credit Union Commission shall adopt rules to implement this subchapter and Subchapter D with respect to credit unions in...
• Texas Section 279.103 - Application For Designation Of Credit Union Development District
  A local government, in conjunction with a credit union, may submit an application to the Credit Union Commission for the designation of a credit union...
• Texas Section 279.104 - Application By Credit Union To Open Branch In District
  A credit union may apply to open a branch in the proposed credit union development district at the time the local government submits an application...

SUBCHAPTER D DEPOSIT OF PUBLIC FUNDS IN DISTRICT DEPOSITORY

• Texas Section 279.105 - Determination By Credit Union Commission
  (a) Not later than the 120th day after the date an application for the designation of a credit union development district is submitted under Section...
• Texas Section 279.151 - Designation Of District Depository
  (a) The governing body of a local government in which a banking development district has been designated under Subchapter B may by resolution designate a...
• Texas Section 279.152 - Deposit Of Public Funds By Local Government
  (a) A local government may deposit public funds with a financial institution designated as a banking district depository or a credit union designated as a...
• Texas Section 279.153 - Deposit Of Public Funds By State
  (a) If the comptroller designates the financial institution as a state depository under Subchapter C, Chapter 404, Government Code, the comptroller may deposit public funds...

Last modified: September 28, 2016