NOTIFICATION AND GUIDANCE ON ADOPTION OF CERTAIN FEDERAL LAWS OR REGULATIONS
Added by Acts 2021, 87th Leg., R.S., Ch. 300 (S.B. 707), Sec. 1, eff
The department shall promptly notify and issue guidance to all credit unions chartered in this state on the adoption of a federal law or regulation that:
(1) affects a power or authority conferred to credit unions under Section 123.003(a);
(2) takes effect immediately; and
(3) conflicts with state law.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.