1997 Regular Session

SENATE BILL 338

File Code: Financial Institutions Crossfiled with: HOUSE BILL 587
Sponsored By:
Senator Boozer
Entitled:
Credit Unions - Loans to Members and Risk Assets

Synopsis:

Altering the circumstances under which a credit union may make an unsecured loan to a member; repealing specified requirements relating to an application for a loan from a credit union to a member; altering the definition of "risk assets"; etc.

Legislative History

Senate Action
1/24
First Reading Finance
Hearing 2/4 at 1:00 p.m.
3/17
Favorable with Amendments Report by Finance
3/18
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (47-0)
3/31
Returned Passed
5/22
Governor vetoed - Cross-filed bill was signed
House Action
3/20
First Reading Commerce and Government Matters
3/21
Hearing 3/27 at 1:15 p.m.
3/28
Favorable Report by Commerce and Government Matters
3/26
Favorable Report Adopted
Second Reading Passed
3/27
Third Reading Passed (131-0)
Bill indexed under the following Subjects:
CREDIT UNIONS
FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
LOANS
Bill affects the following Statutes:
Financial Institutions
( 6-505 , 6-508 , 6-602 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)

Amendments:
Senate
Number: 027941/1 (PDF) Offered on: MARCH 18, 1997 at: 16:50 Status: Adopted