VA SB440 | 2010 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 10 2010 - 100% progression
Action: 2010-04-10 - Governor: Acts of Assembly Chapter text (CHAP0372)
Text: Latest bill text (Chaptered) [HTML]

Summary

Credit unions and banks; mergers and consolidations. Establishes a procedure by which a state credit union may convert to a state mutual savings institution. Conversion requires approval of two-thirds of the eligible and voting members of the credit union, unless the articles of incorporation allow a greater or lesser vote (which shall in no event be less than a majority).

Tracking Information

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Title

Credit unions; conversion to a state mutual savings institution.

Sponsors


Roll Calls

2010-02-26 - House - House: VOTE: BLOCK VOTE PASSAGE (96-Y 0-N) (Y: 97 N: 0 NV: 4 Abs: 0) [PASS]
2010-02-23 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2010-02-12 - Senate - Senate: Read third time and passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2010-02-10 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 32 N: 0 NV: 1 Abs: 0) [PASS]
2010-02-08 - Senate - Senate: Reported from Commerce and Labor with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2010-04-10 Governor: Acts of Assembly Chapter text (CHAP0372)
2010-04-10 Governor: Approved by Governor-Chapter 372 (effective 7/1/10)
2010-03-08 Senate: Signed by President
2010-03-05 House: Signed by Speaker
2010-03-05 Senate: Bill text as passed Senate and House (SB440ER)
2010-03-05 Senate: Enrolled
2010-02-26 House: VOTE: BLOCK VOTE PASSAGE (96-Y 0-N)
2010-02-26 House: Passed House BLOCK VOTE (96-Y 0-N)
2010-02-26 House: Read third time
2010-02-25 House: Read second time
2010-02-23 House: Reported from Commerce and Labor (22-Y 0-N)
2010-02-16 House: Referred to Committee on Commerce and Labor
2010-02-16 House: Read first time
2010-02-16 House: Placed on Calendar
2010-02-12 Senate: Read third time and passed Senate (39-Y 0-N)
2010-02-11 Senate: Engrossed by Senate - committee substitute SB440S1
2010-02-11 Senate: Committee substitute agreed to 10105117D-S1
2010-02-11 Senate: Reading of substitute waived
2010-02-11 Senate: Read second time
2010-02-10 Senate: Constitutional reading dispensed (39-Y 0-N)
2010-02-08 Senate: Committee substitute printed 10105117D-S1
2010-02-08 Senate: Reported from Commerce and Labor with substitute (15-Y 0-N)
2010-01-13 Senate: Referred to Committee on Commerce and Labor
2010-01-13 Senate: Prefiled and ordered printed; offered 01/13/10 10103602D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
61225.27:1(n/a)See Bill Text
6144.26(n/a)See Bill Text

Virginia State Sources


Bill Comments

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