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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 279.105: DETERMINATION BY CREDIT UNION COMMISSION.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES
  4. CHAPTER 279. BANKING AND CREDIT UNION DEVELOPMENT DISTRICTS
  5. SUBCHAPTER C. CREDIT UNION DEVELOPMENT DISTRICTS

(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 279.103, the Credit Union Commission shall make a determination regarding whether to approve the application.

(b) If the Credit Union Commission approves the application, the Credit Union Commission shall notify the:

(1) local government;

(2) credit union;

(3) comptroller;

(4) Texas Economic Development and Tourism Office;

(5) lieutenant governor; and

(6) speaker of the house of representatives.

Added by Acts 2015, 84th Leg., R.S., Ch. 967 (H.B. 1626), Sec. 1, eff. September 1, 2015.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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