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Texas Finance Code

§ 123.206 — ACTION AS FISCAL OR TRANSFER AGENT; TRANSFER OF CERTAIN INSTRUMENTS; SIGNATURES

FI § 123.206Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part D. CREDIT UNIONS · Ch. 123. GENERAL POWERS · Art. C. FINANCIAL POWERS

Statute text

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A credit union may:
(1)act as fiscal agent or transfer agent;
(2)transfer a registered and countersigned certificate of stock, bond, or other evidence of indebtedness; or
(3)guarantee a signature.

Legislative history

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