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TITLE 7BANKING AND SECURITIES
PART 6CREDIT UNION DEPARTMENT
CHAPTER 91CHARTERING, OPERATIONS, MERGERS, LIQUIDATIONS
SUBCHAPTER LSUBMISSION OF COMMENTS BY INTERESTED PARTIES
RULE §91.3001Opportunity To Submit Comments on Certain Applications

(a) An interested party may submit comments to the commissioner on the following matters:

  (1) an application for incorporation under the Texas Finance Code, §122.001;

  (2) an amendment to a credit union's articles of incorporation under the Texas Finance Code, §122.011, which includes an amendment to expand the credit union's field of membership; or

  (3) an application to merge or consolidate under the Texas Finance Code, §122.152.

(b) An interested party is a person or entity that has an interest in particular to the application other than as a member of the general public.

(c) Acceptance of comments under this section does not constitute a determination of standing to protest or otherwise participate in a contested case hearing on the application.

(d) Comments may be made in writing or provided in a meeting with the commissioner or deputy commissioner, as follows:

  (1) written comments shall be submitted within 30 days after notice of the application is published in the Texas Register or the department's newsletter, whichever is later;

  (2) a meeting to receive comments shall be held upon written request by an interested party or upon the commissioner's direction.


Source Note: The provisions of this §91.3001 adopted to be effective May 10, 1998, 23 TexReg 4568.

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