{"data":{"id":"us-tx/tex.-finance-code-122.107","jurisdiction":"us-tx","citation":"Tex. Finance Code § 122.107","heading":"NOTICE OF AVAILABILITY OF CERTAIN DOCUMENTS.","body":"(a) A credit union regulated under this subtitle and Chapter 15 shall give notice to the credit union's members of the availability on request of a member of documents related to the credit union's finances and management, including:\n(1) a summary of the most recent annual audit;\n(2) the most recent statement of financial condition, such as nonconfidential pages of the quarterly call report provided under Section 122.101;\n(3) a copy of IRS Form 990 or its successor; and\n(4) any other documents that members are entitled to possess, as determined by the commission.\n(b) The notice required by Subsection (a) must be given:\n(1) on the credit union's Internet website if the credit union maintains a website; and\n(2) in a newsletter twice a year if the credit union distributes a newsletter.\n(c) The commission shall adopt reasonable rules to implement this section, including rules prescribing an alternative method for credit unions that do not maintain an Internet website or distribute a newsletter to provide their members with notice of the documents required by Subsection (a).\nAdded by Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 17, eff. September 1, 2009.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE D. CREDIT UNIONS","CHAPTER 122. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS","SUBCHAPTER C. OPERATIONS AND FINANCES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.122.htm#122.107","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"d62cd34ebd74b5ce1841b1514ef646d5419e19f110c2677298ec359103f39320","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-122.106","next":"us-tx/tex.-finance-code-122.151"},"notice":"GroundRules: Original legal text. Not legal advice."}