AB 1179
Credit unions.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Banking and Finance
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
Assembly Bill 1179 seeks to clarify the notification requirements for credit unions in California. Specifically, it changes the timeframe for notifying members of the suspension of credit committee members, board members, or other officers from seven days to seven business days. This bill focuses on streamlining the process for communicating important governance changes within credit unions. It amends existing regulations within the Financial Code to ensure timely member notification.
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