Texas Administrative Code › Title 7 - BANKING AND SECURITIES › Part 6 - CREDIT UNION DEPARTMENT › Chapter 97 - COMMISSION POLICIES AND ADMINISTRATIVE RULES › Subchapter E - ADVISORY COMMITTEES › Section 97.401 - General Requirements

Current through Reg. 49, No. 28; July 12, 2024
(a)
				  Definition. For purposes of this rule, the term "advisory committee" means a
				  committee, council, board, task force, or other entity with multiple members
				  established to provide advice and counsel to the commission.
(b) Creation. The commission may establish
				  advisory committees to advise the commission on issues within the jurisdiction
				  of the department.
(c) Function.
				  Unless otherwise provided by law, an advisory committee's responsibility is
				  limited to those matters about which advice or counsel is sought. An advisory
				  committee will have no authority to make rules or establish department
				  policy.
(d) Expiration of advisory
				  committee. Unless expressly provided in this subchapter or other law, an
				  advisory committee will expire on the fourth anniversary of the date of its
				  creation. The date of creation shall be the effective date of the rule
				  establishing the advisory committee.
(e) Membership and Quorum. The chairman may
				  appoint a maximum of 24 individuals to serve on an advisory committee. A
				  majority of those individuals shall constitute a quorum. Unless otherwise
				  provided by specific statute, the appointments shall be balanced to ensure
				  representation of credit unions regulated by the department and consumers of
				  services provided by those credit unions. Each advisory committee shall include
				  at least one department employee as an ex officio member. This employee shall
				  not be considered a committee member for purposes of establishing the maximum
				  number of members or for purposes of determining a quorum.
(f) Term of members. Unless expressly
				  provided in this subchapter or other law, each member of an agency advisory
				  committee will serve a term of four years. The terms may be staggered. Members'
				  terms will expire at the end of four years or upon the termination of the
				  advisory committee, whichever is earlier. Members may be reappointed. Members
				  serve at the will of the chairman and may be removed at any time by the
				  chairman.
(g) Presiding officer.
				  The presiding officer of each advisory committee shall be selected by the
				  members of the advisory committee from its membership. The chairman may make a
				  recommendation to the advisory committee regarding the presiding
				  officer.
(h) Meetings. Meetings
				  shall be subject to the requirements of Chapter 551 of the Government Code.
				  Each committee shall meet at least annually, but may meet as often as
				  necessary. The department ex officio member of each advisory committee shall
				  work with the presiding officer to schedule advisory committee meetings and
				  provide adequate notice to department staff and to other members.
(i) Reports. On or before October 1 of each
				  year, each advisory committee shall submit a report to the commission. Upon
				  receipt of the report, the commission shall evaluate the advisory committee's
				  work, usefulness, and costs related to the committee's existence, including the
				  cost of department staff time spent in support of the committee's activities.
				  Each report shall include the following:
(1)
				  a summary or minutes of meetings conducted during the previous fiscal year
				  (September 1 - August 31);
(2) a
				  summary of recommendations from the advisory committee; and
(3) other information determined by the
				  advisory committee or the chairman to be appropriate and useful.