Action As Fiscal Or Transfer Agent; Transfer of Certain Instruments; Signatures

Tex. Finance Code § 123.206, under Chapter 123.

Tex. Finance Code § 123.206

Sec. 123.206. ACTION AS FISCAL OR TRANSFER AGENT; TRANSFER OF CERTAIN INSTRUMENTS; SIGNATURES. A credit union may: (1) act as fiscal agent or transfer agent; (2) transfer a registered and countersigned certificate of stock, bond, or other evidence of indebtedness; or (3) guarantee a signature. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.