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 O. TRUST POWERS |
SECTION 91.6008. Recordkeeping
Latest version.
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A credit union shall adequately document the establishment and termination of each fiduciary account and shall maintain adequate records for all fiduciary accounts. All records pertaining to a fiduciary account shall be separate and distinct from other records of the credit union.
Source Note: The provisions of this §91.6008 adopted to be effective August 10, 2003, 28 TexReg 6270