Tex. Finance Code § 279.105
This is the official text of Tex. Finance Code § 279.105, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 279.105. DETERMINATION BY CREDIT UNION COMMISSION.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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