Bill Text: TX HB560 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to the appointment of honorary or advisory directors of a credit union.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2013-04-18 - Referred to Business & Commerce [HB560 Detail]
Download: Texas-2013-HB560-Introduced.html
83R3264 RWG-F | ||
By: J. Davis of Harris | H.B. No. 560 |
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relating to the appointment of honorary or advisory directors of a | ||
credit union. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 122.056(a), Finance Code, is amended to | ||
read as follows: | ||
(a) The board may appoint not more than six [ |
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individuals to serve at the board's pleasure as honorary or | ||
advisory directors to advise and consult with the board and | ||
otherwise aid the board in carrying out the board's duties and | ||
responsibilities. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2013. |