Texas § 279.105 DETERMINATION BY CREDIT UNION COMMISSION.

Texas Statutes

§ 279.105 — DETERMINATION BY CREDIT UNION COMMISSION.

Texas § 279.105

Code FIFinance Code

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Bluebook

Tex. Finance Code Code Ann. § 279.105 (2026).

Text

Sec. 279.105. DETERMINATION BY CREDIT UNION COMMISSION.

(a)Not later than the 120th day after the date an application for the designation of a credit union development district is submitted under Section 279.103 , the Credit Union Commission shall make a determination regarding whether to approve the application.

(b)If the Credit Union Commission approves the application, the Credit Union Commission shall notify the:

(1)local government;

(2)credit union;

(3)comptroller;

(4)Texas Economic Development and Tourism Office;

(5)lieutenant governor; and

(6)speaker of the house of representatives. SUBCHAPTER D. DEPOSIT OF PUBLIC FUNDS IN DISTRICT DEPOSITORY

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Sec. 279.105. DETERMINATION BY CREDIT UNION COMMISSION. (a) Not later than the 120th day after the date an application for the designation of a credit union development district is submitted under Section 279.103 , the Credit Union Commission shall make a determination regarding whether to approve the application.
(b) If the Credit Union Commission approves the application, the Credit Union Commission shall notify the:
(1) local government;
(2) credit union;
(3) comptroller;
(4) Texas Economic Development and Tourism Office;
(5) lieutenant governor; and
(6) speaker of the house of representatives.
SUBCHAPTER D. DEPOSIT OF PUBLIC FUNDS IN DISTRICT DEPOSITORY