Bills › 88th General Assembly

SF 402Signed by Governor · April 23, 2019

Providing for the good-faith submission of information, records, applications, and documents to the credit union division. Effective 7-1-19

Sponsored by the Senate Commerce (companion To Hf 358 By Committee on Commerce) Committee

Topics:Business & economy

Same legislation: HSB 90, HF 358, SSB 1176

Where it is now

  1. Done: IntroducedFebruary 13, 2019
  2. Skipped: SubcommitteeSkipped
  3. Done: Senate committeeFebruary 27, 2019
  4. Done: Passes the SenateApril 8, 201950–0
  5. Skipped: House committeeSkipped
  6. Done: Passes the HouseApril 10, 2019
  7. Done: To the GovernorApril 22, 2019
  8. Done: Signed into lawApril 23, 2019

Signed into law 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

Iowa Code it changes

Creates§533.510

How the Code works2

Lobbying

1 for · 0 against · 4 undecided · Who →

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