Rules To Address Certain Procedures

Sec. 122.156. RULES TO ADDRESS CERTAIN PROCEDURES. The rules adopted under this subchapter must specify in detail the procedures that: (1) a credit union must follow to obtain commissioner approval of a merger or consolidation; and (2) the commissioner must follow in approving or disapproving the merger or consolidation. Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.03(a), eff. Sept. 1, 1999. SUBCHAPTER E. CONVERSION