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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/RULE §91.5005 - Permanent Closing of an Office
Chapter Review Date 08/30/2021

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.

Source Note: The provisions of this §91.5005 adopted to be effective March 13, 2006, 31 TexReg 1649; amended to be effective March 29, 2018, 43 TexReg 1838.

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