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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 15.415. Gifts of Money or Property
Universal Citation:
TX Fin Code § 15.415 (2025)
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Sec. 15.415. GIFTS OF MONEY OR PROPERTY. The department may accept money or property by gift, bequest, devise, or otherwise for any department purpose authorized by this chapter and Subtitle D, Title 3. A gift, bequest, or devise shall be used for the purposes specified by the grantor. The commission must approve acceptance and use of any gift, bequest, or devise under this section.
Added by Acts 2003, 78th Leg., ch. 533, Sec. 5, eff. Sept. 1, 2003.
Renumbered from Finance Code, Section 15.413 by Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 23.001(26), eff. September 1, 2005.
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