Finance Code › Title 3 › Chapter 122 › Subchapter E

Texas Finance Code § 122.202

Conversion of State Credit Union to Out-of-State Credit Union

Organizational and Financial Requirements · Conversion

A credit union organized under the laws of this state may convert to a credit union under the laws of another state:

(1) on an affirmative vote by a majority of the members voting at a meeting called for that purpose; and

(2) by complying with any applicable commission rule.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.