Providing for the good-faith submission of information, records, applications, and documents to the credit union division

Where it is now

1. ✓
   Done: IntroducedFebruary 13, 2019
2. –
   Skipped: SubcommitteeSkipped
3. ✓
   Done: House committeeApril 4, 2019
4. ✓
   Done: Passes the HouseApril 10, 2019
5. –
   Skipped: Senate committeeSkipped
6. ✓
   Done: Passes the SenateApril 8, 201950–0
7. ✓
   Done: To the GovernorApril 22, 2019
8. ✓
   Done: Signed into lawApril 23, 2019

SF 402 became law → The same legislation passed as SF 402, so this version was set aside. Go to SF 402 What’s a funnel?

What’s in it

This bill provides that any information, record, application, or document provided to the credit union division pursuant to Code chapter 533 shall be provided in good faith. A director, officer, agent, or employee of a state credit union, a credit union service organization, or any other person shall not intentionally publish, report, submit, file, or cause to be filed with the division any information, record, application, or document that is false or misleading by statement or omission. The bill provides that any information, record, application, or document provided to the division in the absence of good faith or in violation of the bill is subject to revocation of prior approval or denial, if applicable.

Full bill text · What changed before it passed¹

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