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ID H0181

Bill

Status

Passed

3/20/2025

Primary Sponsor

Business Committee

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Requires credit unions to deliver one copy of endorsed articles of incorporation, along with any required filing fee, to the Secretary of State for filing
  • Removes the previous requirement to file articles of incorporation with the county recorder's office in the county where the principal place of business is located
  • Retains the requirement that one original copy of articles of incorporation and bylaws be delivered to and retained by the Department of Finance
  • Declares an emergency and sets an effective date of July 1, 2025

Legislative Description

Amends existing law to provide that a credit union shall deliver articles of incorporation to the Secretary of State.

CREDIT UNIONS

Last Action

Reported Signed by Governor on March 19, 2025 Session Law Chapter 108 Effective: 07/01/2025

3/20/2025

Committee Referrals

Commerce and Human Resources2/25/2025
Business2/11/2025

Full Bill Text

No bill text available