HB 1921 -- CREDIT UNION EXAMINATION

SPONSOR:  Green (73)

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Critical Issues, Consumer Protection and Housing by a vote of 13
to 0.

This bill allows the Division of Credit Unions, at the discretion
of the director, to examine qualifying credit unions once every
18 calendar months instead of annually.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that the bill will give additional
flexibility to the Director of the Division of Credit Unions by
allowing the director to assess how often to examine certain
credit unions.

Testifying for the bill were Representative Harlan; and Missouri
Credit Union System.

OPPONENTS:  There was no opposition voiced to the committee.

Dana Estes, Legislative Analyst

Missouri House of Representatives
Last Updated October 11, 2002 at 9:03 am