The Texas Credit Union Commission (Commission) will review and consider for re-adoption, revision, or repeal, Chapter 91, Subchapter H, concerning investments, consisting of §§91.801, (Investments in Credit Union Service Organizations), 91.802 (Other Investments), 91.803 (Investment Limits and Prohibitions), 91.804 (Custody and Safekeeping), 91.805 (Loan Participation Investments), 91.808(Reporting Investment Activities to the Board of Directors), and 91.809 (Purchase of Assets and Assumption of Liabilities).
The Commission will review and consider for re-adoption, revision, or repeal, Chapter 91, Subchapter I, concerning reserves and dividends, consisting of §§91.901 (Reserve Requirements) and 91.902 (Dividends).
An assessment will be made by the Commission as to whether the reasons for adopting or readopting these rules continue to exist. Each rule will be reviewed to determine whether it is obsolete, whether the rule reflects current legal and policy considerations, and whether the rule reflects current procedures of the Credit Union Department.
The Commission also invites your comments on how to make these rules easier to understand. For example:
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