BILL · 2013–14 SESSION

SB 6029: Credit unions' mergers

Concerning credit unions' mergers.

Summary

  • Current laws concerning voting requirements for credit union mergers are amended to conform to federal requirements. A simple majority, rather than a two-thirds majority, vote of the merging credit union members is required in order for such mergers to be approved.

From the Senate Bill Report (SB 6029), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 14, 2014
  2. Out of committeeJan 24, 2014
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Don Benton (R-17)
Introduced
January 14, 2014 in the Senate
Last action
February 25, 2014
Companion bill
HB 2140

AN ACT Relating to credit unions' mergers;

Sponsors

Prime sponsor: Don Benton (R-17)

2 co-sponsors (2 Democrats, 0 Republicans)

Votes

No recorded floor votes.

History

  1. Senate Rules "X" file.
  2. Placed on second reading by Rules Committee.
  3. FIHI - Majority; do pass.
  4. Passed to Rules Committee for second reading.
  5. First reading, referred to Financial Institutions, Housing & Insurance.

SB 6029 in other sessions

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

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