This law outlines the conditions under which a credit union must disclose a member's records. It primarily affects credit unions and their members, ensuring confidentiality unless specific circumstances arise, such as government audits or member consent.
Credit unions must keep member records confidential.
Disclosure is allowed only with member consent or government audits.
Third parties cannot access member records without proper authorization.
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In simple terms: Learn about Texas's DISCLOSURE OF RECORDS OF MEMBER; 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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