15.104 – NOTIFICATION AND GUIDANCE ON ADOPTION OF CERTAIN
Texas Finance Code § 15.104
Summary
This law requires the department to notify Texas credit unions about new federal laws or regulations that affect their powers, take immediate effect, and conflict with state law. It ensures that credit unions are informed and can adapt to changes in federal regulations that impact their operations.
Department must notify credit unions of relevant federal laws.
Applies to laws affecting credit union powers and authority.
Notification is required for laws that conflict with state law.
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In simple terms: Learn about Texas's NOTIFICATION AND GUIDANCE ON ADOPTION OF CERTAIN 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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