reglab/housing_qa huggingface dataset:
TX Fin Code § 15.409 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.409. Consumer Information

Sec. 15.409.  CONSUMER INFORMATION.  (a)  The commissioner shall:(1)  supervise the preparation of public interest information describing:(A)  functions of the department;(B)  procedures for filing and resolving complaints;  and(C)  other matters of general interest relating to credit unions;  and(2)  make the information prepared under Subdivision (1) available to the public and appropriate state agencies.(b)  Redesignated by Acts 2021, 87th Leg., R.S., Ch. 300 (S.B. 707), Sec. 4, eff. September 1, 2021. (c)  Redesignated by Acts 2021, 87th Leg., R.S., Ch. 300 (S.B. 707), Sec. 4, eff. September 1, 2021.(d)  Redesignated by Acts 2021, 87th Leg., R.S., Ch. 300 (S.B. 707), Sec. 4, eff. September 1, 2021.(e)  The commission by rule shall establish methods by which consumers and service recipients are notified of the name, mailing address, telephone number, and Internet website of the department for the purpose of directing complaints to the department.  The commission shall provide for that notification:(1)  on the Internet website of a credit union regulated under this chapter and Subtitle D, Title 3, if the credit union maintains a website;(2)  on a sign prominently displayed in the place of business of each credit union regulated under this chapter and Subtitle D, Title 3; and(3)  in any newsletter distributed by a credit union regulated under this chapter and Subtitle D, Title 3, if the credit union distributes a newsletter.(f)  The commission by rule may establish other methods by which credit unions that do not have an Internet website or do not distribute a newsletter may make the information described by Subsection (e) more readily available to credit unions' customers and service recipients.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.11(c), eff. Sept. 1, 1999.Amended by: Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 13, eff. September 1, 2009.Acts 2013, 83rd Leg., R.S., Ch. 19 (S.B. 244), Sec. 2, eff. September 1, 2013.Acts 2021, 87th Leg., R.S., Ch. 300 (S.B. 707), Sec. 4, eff. September 1, 2021.Acts 2021, 87th Leg., R.S., Ch. 300 (S.B. 707), Sec. 6, eff. September 1, 2021.|
TX Fin Code § 15.4091 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.4091. Access to Department Facilities, Programs, and Services

Sec. 15.4091.  ACCESS TO DEPARTMENT FACILITIES, PROGRAMS, AND SERVICES.  (a)  The department shall comply with federal and state laws related to program and facility accessibility.(b)  The commissioner shall prepare and maintain a written plan that describes how a person who does not speak English can be provided reasonable access to the department's programs and services.|Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.11(d), eff. Sept. 1, 1999.|
TX Fin Code § 15.410 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.410. Share and Depositor Insurance Protection

Sec. 15.410.  SHARE AND DEPOSITOR INSURANCE PROTECTION.  (a)  The commission shall adopt, and the commissioner shall enforce, reasonable rules requiring a credit union to provide share and deposit insurance protection for credit union members and depositors.(b)  Rules adopted under this section must include authorization for and establishment of a share and deposit guaranty corporation or credit union under the department's exclusive regulation to enable the department to carry out the purposes of this chapter and Subtitle D, Title 3.(c)  A credit union may provide share and deposit insurance protection through another source approved by the department, including a program of the National Credit Union Administration.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 15.4105 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.4105. Annual Report to Members

Sec. 15.4105.  ANNUAL REPORT TO MEMBERS.  (a)  The commission shall adopt, and the commissioner shall enforce, reasonable rules requiring a credit union regulated under this chapter and Subtitle D, Title 3, to provide an annual report to the credit union's members regarding the credit union's financial condition and management.  The report must:(1)  include a current balance sheet;(2)  include an income and expense statement;(3)  contain the name and date of expiration of the term of office of each member serving on the board of directors;(4)  contain a brief description of any changes, since the preceding report was provided under this section, to the credit union's:(A)  management;(B)  bylaws;(C)  articles of incorporation;(D)  financial condition;(E)  membership size; and(F)  services offered; and(5)  contain any other information the commission considers necessary to ensure that credit union members are provided with basic knowledge of the credit union's financial condition and management.(b)  In adopting rules under this section, the commission must ensure that a credit union:(1)  updates the report before the credit union's annual organizational meeting;(2)  makes the report available to members throughout the year on the credit union's Internet website, if the credit union maintains a website; and(3)  provides the report to credit union members by an alternative method, including delivery at the credit union's annual organizational meeting, if the credit union does not have an Internet website.|Added by Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 14, eff. September 1, 2009.|
TX Fin Code § 15.411 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.411. Agreements With Other Regulators

Sec. 15.411.  AGREEMENTS WITH OTHER REGULATORS.  (a)  The commissioner may enter into an agreement with any credit union supervisory agency regarding the examination or supervision of branch offices of credit unions chartered in this state doing business in other states and foreign credit unions doing business in this state.  In lieu of conducting an examination or investigation required by this subtitle, the commissioner may accept examinations or reports from other credit union supervisory agencies.  The acceptance of the examination or report does not waive any fee, charge, or revenue required to be paid by a credit union, including a foreign credit union doing business in this state.(b)  The commissioner may enter into any cooperative arrangement with other credit union supervisory agencies to promote the effective regulation of state credit unions doing business across state lines, including contracting to use another agency's examiners, allowing for the use of examiners of this state by another agency, or collecting fees on behalf of or receiving payments through another agency.|Added by Acts 1999, 76th Leg., ch. 157, Sec. 4, eff. Sept. 1, 1999.|
TX Fin Code § 15.4111 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.4111. Regulatory Coordination

Sec. 15.4111.  REGULATORY COORDINATION.  To ensure effective coordination among and between the department and other state and federal agencies, the commissioner and those agencies may enter into cooperative, coordinating, or information-sharing agreements that are necessary or proper to enforce the state or federal laws applicable to credit unions.|Added by Acts 2013, 83rd Leg., R.S., Ch. 19 (S.B. 244), Sec. 3, eff. September 1, 2013.|
TX Fin Code § 15.412 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.412. Filing Group Return With the Internal Revenue Service

Sec. 15.412.  FILING GROUP RETURN WITH THE INTERNAL REVENUE SERVICE.  (a)  The commissioner may file a consolidated group return form with the Internal Revenue Service on behalf of all credit unions under the department's jurisdiction.  To be included, each credit union must annually authorize the department in writing to include the credit union in the group return and must declare that the authorization and the financial information submitted for the purpose of compiling the group return are true and complete.(b)  The state is not liable for information contained in any form submitted.  Each credit union is individually responsible for the accuracy, completeness, and timeliness of the information and for any potential tax liability or penalties that may accrue.|Added by Acts 1999, 76th Leg., ch. 157, Sec. 4, eff. Sept. 1, 1999.|
TX Fin Code § 15.413 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.413. Interpretation of Home Equity Lending Law

Sec. 15.413.  INTERPRETATION OF HOME EQUITY LENDING LAW.  The commission may, on request of an interested person or on its own motion, issue interpretations of Sections 50(a)(5)-(7), (e)-(p), (t), and (u), Article XVI, Texas Constitution.  An interpretation under this section is subject to Chapter 2001, Government Code, and is applicable to lenders regulated by the commission.  The Finance Commission of Texas and the commission shall attempt to adopt interpretations that are as consistent as feasible or shall state justification for any inconsistency.|Acts 2003, 78th Leg., ch. 1207, Sec. 2, eff. Sept. 13, 2003.|
TX Fin Code § 15.414 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.414. Authority to Contract for Professional or Personal Services

Sec. 15.414.  AUTHORITY TO CONTRACT FOR PROFESSIONAL OR PERSONAL SERVICES.  For the purpose of carrying out the powers, duties, and responsibilities of the department, the commissioner may negotiate, contract, or enter into an agreement for professional or personal services.  The commission by rule shall adopt policies and procedures consistent with applicable state procurement practices for soliciting and awarding contracts under this section.|Added by Acts 2003, 78th Leg., ch. 533, Sec. 5, eff. Sept. 1, 2003.|
TX Fin Code § 15.415 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.415. Gifts of Money or Property

Sec. 15.415.  GIFTS OF MONEY OR PROPERTY.  The department may accept money or property by gift, bequest, devise, or otherwise for any department purpose authorized by this chapter and Subtitle D, Title 3.  A gift, bequest, or devise shall be used for the purposes specified by the grantor.  The commission must approve acceptance and use of any gift, bequest, or devise under this section.|Added by Acts 2003, 78th Leg., ch. 533, Sec. 5, eff. Sept. 1, 2003.Renumbered from Finance Code, Section 15.413 by Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 23.001(26), eff. September 1, 2005.|
TX Fin Code § 15.416 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter E. Powers and Duties of Commission and Commissioner|Section 15.416. Use of Technology

Sec. 15.416.  USE OF TECHNOLOGY.  The commission shall implement a policy requiring the department to use appropriate technological solutions to improve the department's ability to perform its functions.  The policy must ensure that the public is able to interact with the department on the Internet.|Added by Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 15, eff. September 1, 2009.|
TX Fin Code § 15.501 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter F. Rules Regarding Use of Advisory Committees|Section 15.501. Rulemaking Authority

Sec. 15.501.  RULEMAKING AUTHORITY.  (a)  The commission shall adopt rules, in compliance with Section 15.407 and Chapter 2110, Government Code, regarding the purpose, structure, and use of advisory committees by the commission, including rules governing an advisory committee's:(1)  purpose, role, responsibility, and goals;(2)  size and quorum requirements;(3)  qualifications for membership, including experience requirements and geographic representation;(4)  appointment procedures;(5)  terms of service;(6)  training requirements; and(7)  duration.(b)  An advisory committee must be structured and used to advise the commission.  An advisory committee may not be responsible for rulemaking or policymaking.|Added by Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 16, eff. September 1, 2009.|
TX Fin Code § 15.502 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter F. Rules Regarding Use of Advisory Committees|Section 15.502. Periodic Evaluation

Sec. 15.502.  PERIODIC EVALUATION.  The commission shall by rule establish a process by which the commission shall periodically evaluate an advisory committee to ensure its continued necessity.  The commission may retain or develop committees as appropriate to meet changing needs.|Added by Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 16, eff. September 1, 2009.|
TX Fin Code § 15.503 (2021)
2021 Texas Statutes|Finance Code|Title 2 - Financial Regulatory Agencies|Chapter 15 - Credit Union Commission and Department|Subchapter F. Rules Regarding Use of Advisory Committees|Section 15.503. Compliance With Open Meetings Act

Sec. 15.503.  COMPLIANCE WITH OPEN MEETINGS ACT.A commission advisory committee must comply with Chapter 551, Government Code.|Added by Acts 2009, 81st Leg., R.S., Ch. 695 (H.B. 2735), Sec. 16, eff. September 1, 2009.|
TX Fin Code § 37.001 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle A - Banks|Chapter 37 - Emergencies|Section 37.001. Definition

Sec. 37.001.  DEFINITION.  In this chapter, "emergency" means a condition or occurrence that may interfere physically with the conduct of normal business at the offices of a bank or with the conduct of a particular bank operation, or that poses an imminent or existing threat to the safety or security of persons or property, including:(1)  fire, flood, earthquake, hurricane, tornado, or wind, rain, or snow storm;(2)  labor dispute or strike;(3)  power failure, transportation failure, or interruption of communication facilities;(4)  shortage of fuel, housing, food, transportation, or labor;(5)  robbery, burglary, or attempted robbery or burglary;(6)  epidemic or other catastrophe;  or(7)  riot, civil commotion, enemy attack, or other actual or threatened act of lawlessness or violence.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 37.002 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle A - Banks|Chapter 37 - Emergencies|Section 37.002. Emergency Closing of Office or Operation by Bank

Sec. 37.002.  EMERGENCY CLOSING OF OFFICE OR OPERATION BY BANK.  (a)  If the officers of a bank located in this state determine that an emergency that affects or may affect the bank's offices or a particular bank operation exists or is impending, the officers may determine:(1)  not to open the bank's offices or conduct the particular bank operation;  or(2)  if the bank's offices have opened or the particular bank operation has begun, to close the bank's offices or suspend and close the particular bank operation during the emergency, regardless of whether the banking commissioner has issued a proclamation of emergency.(b)  Subject to Subsection (c), the office or operation closed may remain closed until the officers determine that the emergency has ended and for additional time reasonably required to reopen.(c)  An office or operation may not remain closed for more than three consecutive days, excluding days on which the bank is customarily closed, without the banking commissioner's approval.(d)  A bank closing an office or operation under this section shall give notice of its action to the banking commissioner as promptly as possible and by any means available.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 37.003 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle A - Banks|Chapter 37 - Emergencies|Section 37.003. Emergency Closing of Office or Operation by Banking Commissioner

Sec. 37.003.  EMERGENCY CLOSING OF OFFICE OR OPERATION BY BANKING COMMISSIONER.  (a)  If the banking commissioner determines that an emergency exists or is impending in all or part of this state, the banking commissioner by proclamation may authorize banks located in the affected area to close all or part of their offices or operations.(b)  If the banking commissioner determines that an emergency exists or is impending that affects or may affect one or more particular banks or a particular bank operation, but not banks located in the area generally, the banking commissioner may authorize the bank or banks affected to close their offices or a particular bank operation.(c)  A bank office or bank operation closed under this section may remain closed until the banking commissioner proclaims that the emergency has ended, or until an earlier time that the officers of the bank determine that the closed bank office or bank operation should reopen, except that the affected bank office or operation may remain closed for additional time reasonably required to reopen.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 37.004 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle A - Banks|Chapter 37 - Emergencies|Section 37.004. Effect of Closing

Sec. 37.004.  EFFECT OF CLOSING.  (a)  A day on which a bank or one or more of its operations is closed during its normal banking hours as provided by this chapter is a legal holiday for all purposes with respect to any banking business affected by the closed bank or bank operation.(b)  A bank or a director, officer, or employee of a bank does not incur liability or loss of rights because of a closing authorized by this chapter.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.Amended by: Acts 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962), Sec. 64, eff. September 1, 2007.|
TX Fin Code § 37.005 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle A - Banks|Chapter 37 - Emergencies|Section 37.005. Limitations on Withdrawals From State Bank

Sec. 37.005.  LIMITATIONS ON WITHDRAWALS FROM STATE BANK.  (a)  At the request of a state bank that is experiencing or threatened with unusual and excessive withdrawals because of financial conditions, panic, or crisis, the banking commissioner, to prevent unnecessary loss to or preference among the depositors and creditors of the bank and to preserve the financial structure of the bank and its usefulness to the community, may issue an order limiting the right of withdrawal by or payment to depositors, creditors, and other persons to whom the bank is liable.(b)  The order:(1)  must expire not later than the 10th day after the date it is issued;(2)  must be uniform in application to each class of liability;  and(3)  is not subject to judicial review.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 37.006 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle A - Banks|Chapter 37 - Emergencies|Section 37.006. Financial Moratorium

Sec. 37.006.  FINANCIAL MORATORIUM.  (a)  The banking commissioner, with the approval of a majority of the finance commission and the governor, may proclaim a financial moratorium for, and invoke a uniform limitation on, withdrawal of deposits of every character from all banks within this state.  A bank refusing to comply with a written proclamation of the banking commissioner under this section, signed by a majority of the members of the finance commission and the governor:(1)  forfeits its charter if it is a state bank;  or(2)  may not act as reserve agent for a state bank or as depository of state, county, municipal, or other public money if it is a national bank.(b)  On order of the banking commissioner after refusal of a national bank to comply with the proclamation, a depositor of public money with the bank:(1)  shall immediately withdraw the public money from the bank;  and(2)  may not redeposit public money in the bank without the banking commissioner's prior written approval.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 37.007 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle A - Banks|Chapter 37 - Emergencies|Section 37.007. Temporary Branch or Office

Sec. 37.007.  TEMPORARY BRANCH OR OFFICE.  (a)  If the banking commissioner determines that an emergency has affected and will continue to affect one or more particular bank offices for an extended period, either as a result of the emergency or subsequent recovery operations, the banking commissioner may authorize the bank or banks affected to open temporary branch offices or other facilities required for bank operations for the purpose of prompt restoration of access by the public to banking services.(b)  A temporary bank office opened under the authority of Subsection (a) may remain open only for the period specified in the banking commissioner's order, except that the banking commissioner may extend the period the office may remain open on a finding that the conditions requiring the temporary office continue to exist. The bank may convert a temporary branch office to a permanent bank location only by obtaining the prior written approval of the banking commissioner under Section 32.203.(c)  If requested by the state bank regulatory agency of another state that is experiencing an emergency and is contiguous to this state, the banking commissioner may authorize a bank or banks located in the state to open temporary offices in this state for the purpose of prompt restoration of banking services to the existing customers of the bank or banks, as the circumstances of such emergency may require.  A temporary bank office opened under the authority of this subsection may remain open only for the period specified in the banking commissioner's order, except that the banking commissioner may extend the period the office may remain open on a finding that the conditions requiring the temporary office continue to exist.  A bank may convert a temporary branch office to a permanent bank location if permitted by and subject to the conditions and requirements of Chapter 203.|Added by Acts 2007, 80th Leg., R.S., Ch. 110 (H.B. 2007), Sec. 12, eff. September 1, 2007.|