Texas § FI.15.410 - SHARE AND DEPOSITOR INSURANCE PROTECTION

Full text of Texas The Texas Constitution § FI.15.410 — SHARE AND DEPOSITOR INSURANCE PROTECTION, with citation guidance and answers to common questions.

§ FI.15.410. SHARE AND DEPOSITOR INSURANCE PROTECTION

SHARE AND DEPOSITOR INSURANCE PROTECTION. (a) The commission shall adopt, and the commissioner shall enforce, reasonable rules requiring a credit union to provide share and deposit insurance protection for credit union members and depositors. (b) Rules adopted under this section must include authorization for and establishment of a share and deposit guaranty corporation or credit union under the department's exclusive regulation to enable the department to carry out the purposes of this chapter and Subtitle D, Title 3. (c) A credit union may provide share and deposit insurance protection through another source approved by the department, including a program of the National Credit Union Administration. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § FI.15.410

What does The Texas Constitution § FI.15.410 cover?

Section FI.15.410 ("SHARE AND DEPOSITOR INSURANCE PROTECTION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § FI.15.410?

A common citation format is "The Texas Constitution § FI.15.410" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § FI.15.410 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.