Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu
SB20-068

Interstate Branches For State Credit Unions

Concerning an authorization of state credit unions opening branches in other states.
Session:
2020 Regular Session
Subject:
Financial Services & Commerce
Bill Summary

A Colorado state credit union may open new branches in Colorado or in other states 30 days after providing written notice to the state commissioner of financial services. The state commissioner may enter into agreements with other state credit union regulators for the purposes of examination and supervision of out-of-state offices.


(Note: This summary applies to this bill as enacted.)

Status

Introduced
Passed
Became Law

Menu

Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Sen. D. Moreno
Rep. K. Mullica

Sponsor

Co-sponsor

Sen. J. Bridges, Sen. J. Danielson, Sen. J. Ginal, Sen. J. Gonzales, Sen. P. Lee, Sen. T. Story, Sen. J. Tate, Sen. F. Winter, Sen. R. Zenzinger
Rep. J. Arndt, Rep. S. Bird, Rep. M. Duran, Rep. D. Esgar, Rep. E. Hooton, Rep. C. Kipp, Rep. B. McLachlan, Rep. D. Michaelson Jenet, Rep. D. Roberts, Rep. J. Singer, Rep. M. Snyder, Rep. M. Soper, Rep. B. Titone, Rep. A. Valdez, Rep. K. Van Winkle, Rep. S. Woodrow, Rep. M. Young

Colorado legislature email addresses ending in @state.co.us are no longer active. Please replace @state.co.us with @coleg.gov for Colorado legislature email addresses. Details

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details