(a) To simplify the process of organizing new credit unions, the commission shall prepare standard articles of incorporation and bylaws.
(b) The standard forms shall be made available without charge to a person desiring to organize a credit union.
STANDARD ARTICLES OF INCORPORATION AND BYLAWS
Known as the Texas Credit Union Act
The act spans §§ 121.001 to 149.002 (219 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
(a) To simplify the process of organizing new credit unions, the commission shall prepare standard articles of incorporation and bylaws.
(b) The standard forms shall be made available without charge to a person desiring to organize a credit union.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.