Bill > SB1028

This bill, amending the Credit Union Act, allows domestic credit unions to set a minimum age for their members to vote on matters presented to them, with this minimum age being no less than 18 years old and no more than 18 years old, though it can be less than 18. Currently, all members with shares have one vote, and this change provides credit unions the flexibility to establish voting age requirements within their bylaws, while still maintaining the existing provisions for member meetings, electing the credit union board, and the removal of board or committee members.