Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 7. BANKING AND SECURITIES |
PART 6. CREDIT UNION DEPARTMENT |
CHAPTER 91. CHARTERING, OPERATIONS, MERGERS, LIQUIDATIONS |
SUBCHAPTER A. GENERAL RULES |
SECTION 91.120. Posting of Notice Regarding Certain Loan Agreements
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(a) As required by the Business and Commerce Code §26.02, all credit unions are required to conspicuously post notices informing members of the requirements that certain loan agreements must be in writing. The notice must include the language and be in the format prescribed by the Finance Commission of Texas in §3.34 of this title (relating to Posting of Notice in All Finance Institutions). (b) Each credit union shall post the notice required by subsection (a) of this section in the lobby of each of its offices other than off-premises electronic deposit facilities. Source Note: The provisions of this §91.120 adopted to be effective May 11, 2000, 25 TexReg 3944