(a) To simplify the process of organizing new credit unions, the commission shall prepare standard articles of incorporation and bylaws.
(b) The standard forms shall be made available without charge to a person desiring to organize a credit union.

Terms Used In Texas Finance Code 122.002

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005