122.156 – RULES TO ADDRESS CERTAIN PROCEDURES. The rules
Texas Finance Code § 122.156
Summary
This law outlines the specific procedures that credit unions must follow to obtain approval for mergers or consolidations from the commissioner. It also details the process the commissioner must adhere to when approving or disapproving such actions.
Establishes procedures for credit union mergers and consolidations.
Requires commissioner approval for these transactions.
Details the commissioner's process for decision-making.
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In simple terms: Learn about Texas's RULES TO ADDRESS CERTAIN PROCEDURES. The rules law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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