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HB4127

HB4127 Sponsored by Curt Cobb
Latest Action: 06/06/2008 - Companion became Public Chapter 968

Bill Text
Companion Bill SB4171.

Credit Unions - Authorizes a credit union to convert its charter in order to do business as another type of financial institution. - Amends TCA Title 45, Chapter 11.

Fiscal Summary for *HB4127 / SB4171

Increase State Expenditures - Not Significant


Bill Summary for *HB4127 / SB4171

ON MARCH 31, 2008, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 4171, AS AMENDED.

AMENDMENT #1 requires that a plan of conversion by a credit union be approved in accordance with the membership approval process for a federally-insured credit union, to the extent such membership approval is applicable. This amendment also clarifies that rules must be promulgated in accordance with the UAPA.
Latest Action: 06/06/2008 - Public Chapter 968

Bill Text
Companion Bill HB4127.

Credit Unions - Authorizes a credit union to convert its charter in order to do business as another type of financial institution. - Amends TCA Title 45, Chapter 11.

Fiscal Summary for SB4171 / *HB4127

Increase State Expenditures - Not Significant


Bill Summary for SB4171 / *HB4127

ON MARCH 31, 2008, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 4171, AS AMENDED.

AMENDMENT #1 requires that a plan of conversion by a credit union be approved in accordance with the membership approval process for a federally-insured credit union, to the extent such membership approval is applicable. This amendment also clarifies that rules must be promulgated in accordance with the UAPA.

Latest Legislation - View All

HB4127

HB4127 Sponsored by Curt Cobb
Latest Action: 06/06/2008 - Companion became Public Chapter 968

Bill Text
Companion Bill SB4171.

Credit Unions - Authorizes a credit union to convert its charter in order to do business as another type of financial institution. - Amends TCA Title 45, Chapter 11.

Fiscal Summary for *HB4127 / SB4171

Increase State Expenditures - Not Significant


Bill Summary for *HB4127 / SB4171

ON MARCH 31, 2008, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 4171, AS AMENDED.

AMENDMENT #1 requires that a plan of conversion by a credit union be approved in accordance with the membership approval process for a federally-insured credit union, to the extent such membership approval is applicable. This amendment also clarifies that rules must be promulgated in accordance with the UAPA.
Latest Action: 06/06/2008 - Public Chapter 968

Bill Text
Companion Bill HB4127.

Credit Unions - Authorizes a credit union to convert its charter in order to do business as another type of financial institution. - Amends TCA Title 45, Chapter 11.

Fiscal Summary for SB4171 / *HB4127

Increase State Expenditures - Not Significant


Bill Summary for SB4171 / *HB4127

ON MARCH 31, 2008, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 4171, AS AMENDED.

AMENDMENT #1 requires that a plan of conversion by a credit union be approved in accordance with the membership approval process for a federally-insured credit union, to the extent such membership approval is applicable. This amendment also clarifies that rules must be promulgated in accordance with the UAPA.