Section 91.407 - Electronic NotificationA credit union may, in accordance with written board policy, satisfy any "written" member notification requirement of the Act, commission rules, or the credit union's bylaws by electronic means provided:
(1) the member agrees in writing or electronically to use electronic instead of hard-copy notifications;(2) the member has the ability to print or download the notification;(3) evidence of the electronic notification is retained in accordance with §91.405 (relating to Records Retention); and(4) both the credit union and the member have the capacity to receive electronic messages.7 Tex. Admin. Code § 91.407
The provisions of this §91.407 adopted to be effective March 14, 2004, 29 TexReg 2636