reglab/housing_qa huggingface dataset:
TX Fin Code § 15.104 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter B. Department|Section 15.104. Notification and Guidance on Adoption of Certain Federal Laws or Regulations

Sec. 15.104.  NOTIFICATION AND GUIDANCE ON ADOPTION OF CERTAIN FEDERAL LAWS OR REGULATIONS.  The department shall promptly notify and issue guidance to all credit unions chartered in this state on the adoption of a federal law or regulation that:(1)  affects a power or authority conferred to credit unions under Section 123.003(a);(2)  takes effect immediately; and(3)  conflicts with state law.|Added by Acts 2021, 87th Leg., R.S., Ch. 300 (S.B. 707), Sec. 1, eff. September 1, 2021.|
TX Fin Code § 15.201 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.201. Appointment; Terms

Sec. 15.201.  APPOINTMENT;  TERMS.  (a)  The commission is composed of nine members appointed by the governor with the advice and consent of the senate.(b)  Commission members serve staggered terms of six years, with the terms of one-third of the members expiring February 15 of each odd-numbered year.(c)  Appointments to the commission shall be made without regard to the race, color, disability, sex, religion, age, or national origin of the appointees.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.06(a), eff. Sept. 1, 1999.Amended by: Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 2, eff. September 1, 2009.|
TX Fin Code § 15.202 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.202. General Qualifications of Commission Members

Sec. 15.202.  GENERAL QUALIFICATIONS OF COMMISSION MEMBERS.  (a)  No two commission members may be residents of the same state senatorial district.(b)  A person may not be a member of the commission if:(1)  the person is an officer, employee, or paid consultant of a Texas trade association in the financial institutions field; or(2)  the person's spouse is an officer, manager, or paid consultant of a Texas trade association in the financial institutions field.(c)  A person may not be a member of the commission if the person is required to register as a lobbyist under Chapter 305, Government Code, because of the person's activities for compensation on behalf of a profession related to the operation of the department.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.05(b), eff. Sept. 1, 1999.Amended by: Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 3, eff. September 1, 2009.|
TX Fin Code § 15.203 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.203. Qualifications of Industry Commission Members

Sec. 15.203.  QUALIFICATIONS OF INDUSTRY COMMISSION MEMBERS.  (a)  Four commission members must be individuals who:(1)  have five years or more of active experience as a director, officer, or committee member of a credit union that:(A)  is organized and doing business in this state under Subtitle D, Title 3, or the Federal Credit Union Act (12 U.S.C. Section 1751 et seq.);  and(B)  has its principal office in this state;  and(2)  are engaged in exercising the powers and duties of a director, officer, or committee member of such a credit union.(b)  Experience as a commissioner, deputy commissioner, or examiner is equivalent to the experience required by Subsection (a).(c)  Not more than one individual from a federal credit union may serve on the commission at any time.(d)  An individual who ceases to be engaged in exercising the powers and duties prescribed by this section for a period exceeding 90 days becomes ineligible to serve as a commission member, and the individual's position on the commission becomes vacant.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.05(c), eff. Sept. 1, 1999.|
TX Fin Code § 15.204 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.204. Qualifications of Public Commission Members

Sec. 15.204.  QUALIFICATIONS OF PUBLIC COMMISSION MEMBERS.  (a)  Five commission members must be representatives of the public.  A person is not eligible for appointment as a public member of the commission if the person or the person's spouse:(1)  is employed by or participates in managing or directing:(A)  a financial institution;  or(B)  an organization, other than a financial institution, regulated by or receiving money from a financial institution regulatory agency;(2)  has, other than as a member or customer, a financial interest in:(A)  a financial institution;  or(B)  an organization, other than a financial institution, regulated by or receiving money from a financial institution regulatory agency;  or(3)  uses or receives a substantial amount of tangible goods, services, or money from the department, other than compensation or reimbursement authorized by law for commission membership, attendance, or expenses.(b)  The governor shall appoint public commission members on the basis of recognized business ability.(c)  In this section, "financial institution" includes an institution such as a credit union, bank, savings bank, or savings and loan association.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.05(d), eff. Sept. 1, 1999;  Acts 1999, 76th Leg., ch. 87, Sec. 1, eff. Sept. 1, 1999.|
TX Fin Code § 15.2041 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.2041. Training Program

Sec. 15.2041.  TRAINING PROGRAM.  (a)  A person who is appointed to and qualifies for office as a member of the commission may not vote, deliberate, or be counted as a member in attendance at a meeting of the commission until the person completes a training program that complies with this section. (b)  The training program must provide the person with information regarding:(1)  the law governing department operations;(2)  the programs, functions, rules, and budget of the department;(3)  the scope of and limitations on the rulemaking authority of the commission;(4)  the results of the most recent formal audit of the department;(5)  the requirements of:(A)  laws relating to open meetings, public information, administrative procedure, and disclosing conflicts of interest; and(B)  other laws applicable to members of a state policy-making body in performing their duties; and(6)  any applicable ethics policies adopted by the department or the Texas Ethics Commission.(c)  A person appointed to the commission is entitled to reimbursement under Section 15.207, as if the person were a member of the commission, for travel expenses incurred in attending the training program, regardless of whether the attendance at the program occurs before or after the person qualifies for office.(d)  The commissioner shall create a training manual that includes the information required by Subsection (b). The commissioner shall distribute a copy of the training manual annually to each commission member.  Each commission member shall sign and submit to the commissioner a statement acknowledging that the commission member received and has reviewed the training manual.|Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.07(a), eff. Sept. 1, 1999.Amended by: Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 4, eff. September 1, 2009.Acts 2009, 81st Leg., R.S., Ch. 1317 (H.B. 2774), Sec. 28(e), eff. September 1, 2009.Acts 2021, 87th Leg., R.S., Ch. 300 (S.B. 707), Sec. 2, eff. September 1, 2021.|
TX Fin Code § 15.205 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.205. Vacancies

Sec. 15.205.  VACANCIES.  The office of a commission member becomes vacant:(1)  on the death, resignation, or removal of the member;  or(2)  if the member ceases to have the qualifications required for service as a member.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.08(a), eff. Sept. 1, 1999.|
TX Fin Code § 15.206 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.206. Removal

Sec. 15.206.  REMOVAL.  (a)  A ground for removal of a commission member by the governor exists if a member:(1)  neglects the member's duty;(2)  is incompetent;  or(3)  commits fraudulent or criminal conduct.(b)  It is a ground for removal from the commission that a member:(1)  does not have at the time of taking office the qualifications required by Sections 15.202, 15.203, and 15.204;(2)  does not maintain during service on the commission the applicable qualifications required by Sections 15.202, 15.203, and 15.204;(3)  is ineligible for membership under Section 15.202, 15.203, or 15.204;(4)  cannot, because of illness or disability, discharge the member's duties for a substantial part of the member's term; or(5)  is absent from more than half of the regularly scheduled commission meetings that the member is eligible to attend during a calendar year without an excuse approved by a majority vote of the commission.(c)  The validity of an action of the commission is not affected by the fact that it is taken when a ground for removal of a commission member exists.(d)  If the commissioner has knowledge that a potential ground for removal exists, the commissioner shall notify the presiding officer of the commission of the potential ground.  The presiding officer shall then notify the governor and the attorney general that a potential ground for removal exists.  If the potential ground for removal involves the presiding officer, the commissioner shall notify the next highest ranking officer of the commission, who shall then notify the governor and the attorney general that a potential ground for removal exists.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.08(b), eff. Sept. 1, 1999.Amended by: Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 5, eff. September 1, 2009.|
TX Fin Code § 15.207 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.207. Expenses and Compensation of Commission Members

Sec. 15.207.  EXPENSES AND COMPENSATION OF COMMISSION MEMBERS.  (a)  A commission member may not receive compensation or a benefit because of the member's service on the commission except as provided by Subsection (b).(b)  For each day that a commission member engages in the business of the commission, the member is entitled to:(1)  per diem, including compensatory per diem;(2)  actual expenses for meals and lodging;  and(3)  transportation expenses.(c)  Repealed by Acts 2009, 81st Leg., R.S., Ch. 1317, Sec. 28(i), eff. September 1, 2009.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.Amended by: Acts 2009, 81st Leg., R.S., Ch. 1317 (H.B. 2774), Sec. 28(i), eff. September 1, 2009.|
TX Fin Code § 15.208 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.208. Matter in Which Commission Member Has Personal Interest

Sec. 15.208.  MATTER IN WHICH COMMISSION MEMBER HAS PERSONAL INTEREST.  (a)  A commission member may not act on a matter under the commission's consideration that directly affects a credit union of which the member is an officer, director, or member.(b)  The commission shall adopt rules relating to recusal of members, requiring that a member who has a personal or private interest in a measure, proposal, or decision pending before the commission shall publicly disclose the fact to the commission at a meeting held in compliance with Chapter 551, Government Code.  The member may not vote or otherwise participate in the decision.  The disclosure shall be entered into the minutes of the meeting.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.09(a), eff. Sept. 1, 1999.|
TX Fin Code § 15.209 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.209. Meetings

Sec. 15.209.  MEETINGS.  (a)  The commission shall hold at least two regular meetings each year.(b)  The chairman, the commissioner, or five commission members may call a special meeting of the commission.(c)  The commission shall adopt reasonable rules governing a meeting, including rules relating to the:(1)  time and place of a meeting;(2)  conduct of a meeting;  and(3)  form of the minutes.(d)  The commission is subject to the:(1)  open meetings law, Chapter 551, Government Code;  and(2)  administrative procedure law, Chapter 2001, Government Code.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.09(b), eff. Sept. 1, 1999.|
TX Fin Code § 15.210 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.210. Presiding Officer

Sec. 15.210.  PRESIDING OFFICER.  The governor shall designate a member of the commission as the presiding officer of the commission to serve in that capacity at the pleasure of the governor.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.09(c), eff. Sept. 1, 1999.Amended by: Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 6, eff. September 1, 2009.|
TX Fin Code § 15.211 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.211. Suit for Official Act or Omission

Sec. 15.211.  SUIT FOR OFFICIAL ACT OR OMISSION.  (a)  The attorney general shall defend an action brought against a commission member or an officer or employee of the commission because of the person's official act or omission regardless of whether the individual is a member, officer, or employee of the commission at the time the action is initiated.(b)  A suit against the commission or its officers or employees may be brought only in Travis County.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 15.212 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter C. Composition of Commission|Section 15.212. Sunset Provision

Sec. 15.212.  SUNSET PROVISION.  The Credit Union Department and the Credit Union Commission are subject to Chapter 325, Government Code (Texas Sunset Act).  Unless continued in existence as provided by that chapter, the department and commission are abolished September 1, 2033.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.04(b), eff. Sept. 1, 1999.Amended by: Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 7, eff. September 1, 2009.Acts 2021, 87th Leg., R.S., Ch. 300 (S.B. 707), Sec. 3, eff. September 1, 2021.|
TX Fin Code § 15.301 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter D. Commissioner and Other Employees of Commission|Section 15.301. Commissioner

Sec. 15.301.  COMMISSIONER.  (a)  The commission shall appoint a commissioner by affirmative vote of two-thirds of the membership of the commission.(b)  The commissioner serves at the will of the commission.(c)  The commissioner is an employee of the commission and is subject to the commission's orders and directions.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 15.302 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter D. Commissioner and Other Employees of Commission|Section 15.302. Qualifications of Commissioner

Sec. 15.302.  QUALIFICATIONS OF COMMISSIONER.  (a)  The commissioner must have at least five years' practical experience in the operation of credit unions during the 10 years preceding the commissioner's appointment.(b)  The experience required by this section may consist of experience:(1)  in exercising the powers and duties of a director, officer, or committee member of a credit union;  or(2)  in the employment of a credit union regulatory agency.(c)  A person may not be appointed commissioner if:(1)  the person is an officer, employee, or paid consultant of a Texas trade association in the financial institutions field; or(2)  the person's spouse is an officer, manager, or paid consultant of a Texas trade association in the financial institutions field.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.Amended by: Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 8, eff. September 1, 2009.|
TX Fin Code § 15.303 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter D. Commissioner and Other Employees of Commission|Section 15.303. Deputy Commissioner

Sec. 15.303.  DEPUTY COMMISSIONER.  (a)  Subject to the commission's approval, the commissioner may appoint a deputy commissioner, who must have the qualifications required of the commissioner.(b)  The deputy commissioner serves at the will of the commissioner and, at the commissioner's direction, may exercise the powers and prerogatives of the commissioner.(c)  The deputy commissioner is an employee of the commission and is subject to the commission's orders and directions.(d)  During the commissioner's absence or inability to act, the deputy commissioner shall perform the commissioner's duties.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 15.304 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter D. Commissioner and Other Employees of Commission|Section 15.304. Examiners

Sec. 15.304.  EXAMINERS.  (a)  The commissioner shall appoint a sufficient number of credit union examiners to perform fully the duties imposed by the laws of this state.(b)  Appointment of an examiner is subject to recruitment specifications and qualifications approved by the commission.(c)  An examiner is an employee of the commission and is subject to the commission's orders and directions.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 15.305 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter D. Commissioner and Other Employees of Commission|Section 15.305. General Counsel

Sec. 15.305.  GENERAL COUNSEL.  A person may not act as the general counsel to the commission or the department if the person is required to register as a lobbyist under Chapter 305, Government Code, because of the person's activities for compensation on behalf of a profession related to the operation of the department.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.05(e), eff. Sept. 1, 1999.Amended by: Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 9, eff. September 1, 2009.|
TX Fin Code § 15.306 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter D. Commissioner and Other Employees of Commission|Section 15.306. Oath

Sec. 15.306.  OATH.  Before assuming the duties of office, the commissioner, the deputy commissioner, each examiner, and each other officer or employee of the commission must take an oath of office approved by the commission.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 2003, 78th Leg., ch. 285, Sec. 8, eff. Sept. 1, 2003.|
TX Fin Code § 15.307 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter D. Commissioner and Other Employees of Commission|Section 15.307. Officers of Commission and Department

Sec. 15.307.  OFFICERS OF COMMISSION AND DEPARTMENT.  Each officer of the commission and department, except a commission member, is an employee of the commission and is subject to the commission's orders and directions.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 15.309 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter D. Commissioner and Other Employees of Commission|Section 15.309. Intra-Agency Career Ladder

Sec. 15.309.  INTRA-AGENCY CAREER LADDER.  (a)  The commissioner or a person designated by the commissioner shall develop an intra-agency career ladder program that addresses opportunities for mobility and advancement for employees within the department.(b)  The program must require intra-agency posting of all non-entry-level positions concurrently with public posting.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.12(a), eff. Sept. 1, 1999.|
TX Fin Code § 15.310 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter D. Commissioner and Other Employees of Commission|Section 15.310. Performance Evaluation

Sec. 15.310.  PERFORMANCE EVALUATION.  (a)  The commissioner or a person designated by the commissioner shall develop a system of annual performance evaluations that are based on documented employee performance.(b)  Merit pay for department employees must be based on the system established under this section.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.12(b), eff. Sept. 1, 1999.|
TX Fin Code § 15.311 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter D. Commissioner and Other Employees of Commission|Section 15.311. Qualifications of Employees

Sec. 15.311.  QUALIFICATIONS OF EMPLOYEES.  A person may not be a department employee employed in a "bona fide executive, administrative, or professional capacity," as that phrase is used for purposes of establishing an exemption to the overtime provisions of the federal Fair Labor Standards Act of 1938 (29 U.S.C. Section 201 et seq.), if:(1)  the person is an officer, employee, or paid consultant of a Texas trade association in the financial institutions field; or(2)  the person's spouse is an officer, manager, or paid consultant of a Texas trade association in the financial institutions field.|Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.05(f), eff. Sept. 1, 1999.Amended by: Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 10, eff. September 1, 2009.|