15.203 – QUALIFICATIONS OF INDUSTRY COMMISSION MEMBERS.
Texas Finance Code § 15.203
Summary
This law outlines the qualifications required for members of the Industry Commission, specifically mandating that four members must have significant experience in credit unions operating in Texas. This ensures that commission members possess relevant expertise and knowledge of the industry.
Four members must have five years of credit union experience.
Members must be involved with Texas-based credit unions.
Experience as a director, officer, or committee member is required.
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In simple terms: Learn about Texas's QUALIFICATIONS OF INDUSTRY COMMISSION MEMBERS. 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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