Bill
Bill > H3772
summary
Introduced
03/22/2023
03/22/2023
In Committee
04/13/2023
04/13/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
Relative to Massachusetts Credit Union Share Insurance Corporation. Financial Services.
AI Summary
This bill makes several changes to the Massachusetts Credit Union Share Insurance Corporation. Notably, it expands the geographic area and types of credit unions that can become members of the corporation, allows the corporation to make certain investments, and provides additional financial assistance options for member credit unions that are in need. The bill also allows for the merger or conversion of credit unions, mutual banks, and cooperative banks. Overall, the bill aims to provide more flexibility and support for credit unions in Massachusetts.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a new draft, see H4658 (on 05/23/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/H3772 |
| BillText | https://malegislature.gov/Bills/193/H3772.pdf |
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