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Finance-credit Union/various

This bill failed and is no longer moving.

IL SB 3145 · Senate Bill · 102nd

Stage
Failed
Started in
Senate
Sponsors
2
Latest action
Jan 10, 2023

What it does

Amends the Illinois Credit Union Act. Sets forth provisions concerning credit unions that serve target markets. In provisions concerning election or appointment of officials, provides that the board of directors may appoint, from among the members of the credit union, a nominating committee of 3 or more persons, and that the nominating committee may recruit, evaluate, and nominate eligible candidates for each position to be filled in the election of directors or to be filled by appointment of the board of directors for the remainder of the unexpired term of a director. Sets forth provisions concerning the nominating committee. In provisions concerning meetings of directors, provides that…

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Where it stands

This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

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Who is involved

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FINANCE-CREDIT UNION/VARIOUS | 52