H3933
An Act relative to the Massachusetts Credit Union Share Insurance Corporation
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill concerns the Massachusetts Credit Union Share Insurance Corporation, which protects the deposits of members at state-chartered credit unions. The legislation aims to ensure the corporation has the resources and authority to effectively safeguard these deposits in the event of a credit union failure. It likely seeks to update or clarify the corporation’s operations and potentially its investment strategies. The bill has been subject to review and discussion within the Massachusetts legislature.
Sponsors
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Primary sponsor
Daniel Cahill
Cosponsors
Christopher Richard Flanagan
Daniel Cahill
Lisa Field
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