|SB 1106||Modifies provisions related to inspection of credit unions and terms of office for credit union commission members|
|LR Number:||4528S.02P||Fiscal Note:||4528-02|
|Committee:||Financial and Governmental Organization|
|Last Action:||04/11/02 - Hearing Conducted H Criminal Issues, Consumer||Journal page:|
|Protection & Housing Committee|
|Title:||SCS SB 1106|
|Effective Date:||August 28, 2002|
SCS/SB 1106 This act revises the terms of credit union commissioners. The terms of credit union commission members shall be staggered.
The Director of the Division of Credit Unions shall examine certain qualifying credit unions, as determined by the director, only once every eighteen months. Currently, every credit union must be examined annually.
This act is similar to HB 1921 and HB 1803.