Texas Register, Volume 4, Number 96, Pages 4675-4728, December 25, 1979 Page: 4,676
4675-4728 p. ; 28 cm.View a full description of this periodical.
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On an emergency basis, the Credit Union Department temporarily
amends its rules concerning the allocation of reserves and the
declaring of dividends in state-chartered credit unions. Because of
increased rates of interest paid to attract money, many credit unions
have had to restrict loans to their consumer members, while other
credit unions have had to use prior years' surpluses to try to stem the
outflow of funds that form their capital base. Further, inflation has
resulted in operation costs increasing considerably. In combination,
these two factors have caused some credit unions to be unable to
maintain their usual dividends, much less increase dividends to retain
the savings needed to continue consumer loans. Therefore the Cred-
it Union Department determines that the one-time relief of the reserve
transfer and the declaration of dividends for financially sound credit
unions will provide economic relief to citizens investing in credit
union savings programs without affecting the stability of credit
unions.
The State Board of Dental Examiners proposes a rule stipulating that
dental clinics, whether stationary or mobile, which are not operated
by the state or federal government, or by a dental school, will not be
approved by the board if they are financed by state or federal funds.
The rule is proposed because practicing dentists report that, in many
instances, mobile dental clinics are invading the province of local
practitioners, failing to provide follow-up care, and are being fi-
nanced by tax money in this competition. The board feels that
"charitable clinics" should not be supported by any tax money.
The Criminal Justice Division, Office of the Governor, adopts rules
concerning the security and privacy of criminal justice information.
The rules cover collection, maintenance, dissemination, and security
of criminal history record information.Cover illustration represents Elisabet Ney's statue of Stephen F. Austin,
which stands in the foyer of the State Capitol.
Artwork: Gary Thornton(irrg' W. Srke. .Ir.
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except March 9, June 1, November 27. and December 28, by the Texas Register Division,
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rules, proposed rules, and adopted rules of state agencies; notices of open meetings; and
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Texas Register Division
Bill Lalla, DirectorLinda Camp Linda Garrett
Charlotte Scroggins Lindy Whittington
Gall Myrick Karrie Key
Volume 4, Number 96, December 25, 1979Olenna Donnell
Emma Lawrence
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Texas. Secretary of State. Texas Register, Volume 4, Number 96, Pages 4675-4728, December 25, 1979, periodical, December 25, 1979; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth244874/m1/2/: accessed May 6, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.