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Credit unions: investments and exemptions.

It became law on Sep 5, 2018.

CA AB 2862 · Assembly Bill · 2017–2018

Stage
Became law
Started in
Assembly
Sponsor
1
Latest action
Sep 5, 2018

What it does

(1) The California Credit Union Law provides for the regulation of credit unions by the Commissioner of Business Oversight. This law permits a credit union to make certain investments, including, among others, investing in securities and other specified assets and investments authorized by the commissioner. Under existing law, except as otherwise provided, a willful or knowing violation of this law is a crime.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 5, 2018

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Credit unions: investments and exemptions. | 52