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 L. SUBMISSION OF COMMENTS BY INTERESTED PARTIES |
SECTION 91.3001. Opportunity To Submit Comments on Certain Applications
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(a) An interested party may submit comments to the commissioner on the following matters: (1) an application for incorporation under the Texas Finance Code, §122.001; (2) an amendment to a credit union's articles of incorporation under the Texas Finance Code, §122.011, which includes an amendment to expand the credit union's field of membership; or (3) an application to merge or consolidate under the Texas Finance Code, §122.152. (b) An interested party is a person or entity that has an interest in particular to the application other than as a member of the general public. (c) Acceptance of comments under this section does not constitute a determination of standing to protest or otherwise participate in a contested case hearing on the application. (d) Comments may be made in writing or provided in a meeting with the commissioner or deputy commissioner, as follows: (1) written comments shall be submitted within 30 days after notice of the application is published in the Texas Register or the department's newsletter, whichever is later; (2) a meeting to receive comments shall be held upon written request by an interested party or upon the commissioner's direction. Source Note: The provisions of this §91.3001 adopted to be effective May 10, 1998, 23 TexReg 4568.