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AR HB1340
Bill
Status
Passed
2/28/2019
Primary Sponsor
Andrew Collins
Click for details
AI Summary
- Repeals Arkansas Code § 23-35-805, which prohibited spreading false reports about the management or finances of any credit union
- Eliminates the felony charge and associated criminal penalties that previously applied to violations of the false reports statute
- Removes the penalty structure that imposed fines between $100-$500 and/or state penitentiary sentences of 30 days to 2 years for willful violations
- Approved February 28, 2019
Legislative Description
To Amend The Prohibited Practices Concerning A Credit Union.
Last Action
Notification that HB1340 is now Act 252
2/28/2019
Committee Referrals
Insurance & Commerce2/19/2019
Insurance and Commerce1/31/2019
Full Bill Text
No bill text available