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2025 Texas Statutes
Finance Code
Title 2 - Financial Regulatory Agencies
Chapter 15 - Credit Union Commission and Department
Subchapter E. Powers and Duties of Commission and Commissioner
Section 15.4022. Rules Relating to Competitive Bidding and Advertising
Universal Citation:
TX Fin Code § 15.4022 (2025)
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Sec. 15.4022. RULES RELATING TO COMPETITIVE BIDDING AND ADVERTISING. (a) The commission may not adopt rules restricting competitive bidding or advertising by a credit union except to prohibit false, misleading, or deceptive practices.
(b) In its rules to prohibit false, misleading, or deceptive practices, the commission may not include a rule that:
(1) restricts the use of any medium for advertising;
(2) relates to the size or duration of an advertisement by the credit union; or
(3) restricts the credit union's advertisement under a trade name.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.10(a), eff. Sept. 1, 1999.
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