Tex. Finance Code § 122.008
This is the official text of Tex. Finance Code § 122.008, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 122.008. EFFECT OF ISSUANCE OF CERTIFICATE OF INCORPORATION.
Official statutory text
(a) A credit union's existence begins when the commissioner issues the certificate of incorporation.
(b) The certificate of incorporation is conclusive evidence that the incorporators have complied with this subtitle and that the credit union is incorporated under this chapter.
(c) Acceptance of a certificate of incorporation by the credit union is conclusive evidence that the credit union is authorized to do business under this subtitle.
(b) The certificate of incorporation is conclusive evidence that the incorporators have complied with this subtitle and that the credit union is incorporated under this chapter.
(c) Acceptance of a certificate of incorporation by the credit union is conclusive evidence that the credit union is authorized to do business under this subtitle.
Status: in_force · Read it on the official government site
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