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Texas Finance Code

§ 123.104 — MEMBERSHIP IN OTHER ORGANIZATION; OPERATION AS CENTRAL CREDIT UNION

FI § 123.104Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part D. CREDIT UNIONS · Ch. 123. GENERAL POWERS · Art. B. OPERATIONAL POWERS

Statute text

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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.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.