FARMERS BRANCH, Texas (2/22/08)--Starting March 1, Texas credit unions will be required to comply with a new law and rules requiring financial institutions to provide notice of identity theft and fraud to check verification companies, said the Texas Credit Union League. To comply, credit unions must submit information regarding fraud on accounts to the State Department of Banking (LoneStar Leaguer Feb. 21). The law, H.B. 2002, authored by State Rep. Helen Giddings (D-Dallas), stipulates that check verification entities will be notified when fraud occurs. The information will then be used to recommend that businesses reject checks written on the accounts to protect the account owner, or ID theft victim from being accused of writing a bad check.