Sec. 15.4024. RULES RELATING TO CERTAIN EMPLOYEES OF CREDIT UNION SUBSIDIARY ORGANIZATIONS    


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  • (a) In this section, "credit union subsidiary organization" has the meaning assigned by Section 180.002.

    (b) The commission may adopt and enforce rules necessary for the commissioner to:

    (1) examine, inspect, or investigate employees of credit union subsidiary organizations who are licensed to act as residential mortgage loan originators under Chapter 156; and

    (2) enforce compliance by employees of credit union subsidiary organizations described by Subdivision (1) with the applicable requirements of Chapters 156 and 180.

Added by Acts 2009, 81st Leg., R.S., Ch. 1104 , Sec. 3, eff. June 19, 2009.