Sec. 122.156. RULES TO ADDRESS CERTAIN PROCEDURES

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The rules adopted under this subchapter must specify in detail the procedures that:
(1) a credit union must follow to obtain commissioner approval of a merger or consolidation; and
(2) the commissioner must follow in approving or disapproving the merger or consolidation.

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.03(a), eff. Sept. 1, 1999.

                    
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