Statutes, codes, and regulations
Texas Administrative Code
Title 7 - BANKING AND SECURITIESPart 6 - CREDIT UNION DEPARTMENTChapter 95 - SHARE AND DEPOSITOR INSURANCE PROTECTION
Subchapter B - LIQUIDATING AGENTS
Section 95.205 - State Not Liable for Any Deficiency

7 Tex. Admin. Code § 95.205

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Current through Reg. 49, No. 45; November 8, 2024
Section 95.205 - State Not Liable for Any Deficiency

Nothing in this chapter creates any liability upon this state for the payment of any funds to any credit union by reason of the acts or omissions of the NCUA or insuring organization, nor shall the state pay any deficiency of any credit union in the event the NCUA or insuring organization is unable to pay such deficiency.

7 Tex. Admin. Code § 95.205

The provisions of this §95.205 adopted to be effective March 7, 2007, 32 TexReg 1066