This law allows the commissioner to examine related entities that have a significant connection to credit unions. It applies to credit union service organizations, management firms for credit unions, and third-party contractors involved with credit union activities.
Commissioner can examine related entities linked to credit unions.
Includes credit union service organizations and management firms.
Ensures compliance with rules adopted by the commission.
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In simple terms: Learn about Texas's EXAMINATION OF RELATED ENTITIES. (a) In 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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