SECTION 91.6002. Fiduciary Capacities

Latest version.

A credit union is subject to this chapter if it acts in a fiduciary capacity. A credit union acts in a fiduciary capacity when it acts in any of the following capacities:
(1) Trustee.
(2) Custodian.
(3) Executor.
(4) Administrator.
(5) Guardian.
(6) Receiver.

Source Note: The provisions of this §91.6002 adopted to be effective August 10, 2003, 28 TexReg 6270

                    
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