Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 6 - CREDIT UNION DEPARTMENT
Chapter 91 - CHARTERING, OPERATIONS, MERGERS, LIQUIDATIONS
Subchapter N - EMERGENCY OR PERMANENT CLOSING OF OFFICE OR OPERATION
Section 91.5005 - Permanent Closing of an Office

Universal Citation: 7 TX Admin Code ยง 91.5005
Current through Reg. 49, No. 38; September 20, 2024

A credit union may permanently close any of its established offices or service facilities. The credit union shall provide notice to its members and the department no later than 60 days prior to the proposed closing. The credit union shall also post a notice to members in a conspicuous manner on the premises of the effected office or service facility and the homepage of the credit union's website and any social media pages at least 30 days prior to the proposed closing.

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