Finance Code › Title 3 › Chapter 126 › Subchapter J

Texas Finance Code § 126.456

Notice to Commissioner of Affirmative Vote to Liquidate

Credit Union Supervision and Regulation · Voluntary Liquidation

(a) The board's presiding officer or president and the secretary shall notify the commissioner of the intention to liquidate not later than the fifth day after the affirmative vote to dissolve and liquidate.

(b) The person notifying the commissioner must include a list of the names and addresses of the credit union's officers and directors with the notice.

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.