WA People
BILL · 1991–92 SESSION · LATEST VERSION ESHB 1085

HB 1085: Credit union personnel

Defining the fiduciary relationship of credit union personnel.

Summary

  • No director, officer, employee, or other agent of a credit union may have an interest in the purchase of credit union assets without the consent of a majority of disinterested directors of the credit union. The credit union must give notice of the sale to the State Supervisor of Credit Unions when the fair market value of the assets to be sold exceeds $10,000.

From the Substitute Senate Bill Report (SHB 1085), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 18, 1991
  2. Out of committee
  3. Passed HouseFeb 13, 1992
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Shirley Winsley (R-28)
Introduced
January 18, 1991 in the House
Last action
March 12, 1992
Versions
EHB 1085, ESHB 1085

Sponsors

Prime sponsor: Shirley Winsley (R-28)

16 co-sponsors (7 Democrats, 9 Republicans)

Dennis Dellwo D-3Arthur Broback R-28Randolph Dorn D-2Todd Mielke R-5Jay Inslee D-14Karen Schmidt R-23Paul Zellinsky D-23Calvin Anderson D-43George Paris R-44Robin Johnson D-40Betty Edmondson R-14John Wynne R-39Gary Chandler R-13Jeannette Wood R-21Randy Tate R-25George Orr D-4

Votes

House · Final Passage

February 13, 1992
Version voted on: ESHB 1085
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat56002
Republican40000
How each member voted

Yea (96)

Excused (2)

Permalink to this vote

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 1085 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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