Legislation - HB1049

Title: Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement
Sponsored by: Delegate Crosby
Status: In the House - First Reading Economic Matters
Analysis

Synopsis

Authorizing a majority of the board of a surviving credit union to approve a proposed merger without the affirmative vote of a majority of the members of the surviving credit union, subject to certain requirements.

Committees

Original:: Economic Matters

Details

Cross-filed with: SB0783

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber House Calendar Date 2/09/2026 Legislative Date 2/09/2026 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/09/2026	2/09/2026	First Reading Economic Matters
			Text - First - Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement

File Code

Subjects

Statutes