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TITLE 7BANKING AND SECURITIES
PART 6CREDIT UNION DEPARTMENT
CHAPTER 91CHARTERING, OPERATIONS, MERGERS, LIQUIDATIONS
SUBCHAPTER OTRUST POWERS
RULE §91.6002Fiduciary Capacities

A credit union is subject to this chapter if it acts in a fiduciary capacity. A credit union acts in a fiduciary capacity when it acts in any of the following capacities:

  (1) Trustee.

  (2) Custodian.

  (3) Executor.

  (4) Administrator.

  (5) Guardian.

  (6) Receiver.

Source Note: The provisions of this §91.6002 adopted to be effective August 10, 2003, 28 TexReg 6270

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