l9n/ Oregon

2011 Regular Session

Senate Bill 177

Requires board of directors of credit union to meet at least 10 times in each calendar year in separate months.

Became law as Chapter 327, Oregon Laws 2011, signed June 14, 2011, 155 days after it was filed. In force from January 1, 2012.

What it does

The synopsis the Legislative Assembly published with the bill.

Requires board of directors of credit union to meet at least 10 times in each calendar year in separate months. Permits credit union to appoint chief credit officer in lieu of credit committee. Requires chief credit officer to approve loans or designate loan officers with authority to approve loans under conditions that chief credit officer prescribes. Permits credit union to make loans under certain conditions to president or chief executive officer of credit union or officer that has policymaking or credit approval authority.<b> Prohibits recipient of loan from participating in approving or disbursing loan.</b> Specifies how credit union may invest funds not used in loans to members. <b>Creates procedures for merger of credit union chartered under Oregon law and credit union chartered under laws of another state or United States.</b>

Its course

January 10 to June 22, 2011, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action22 actions on 22 days

In the SenateJan 10 to Apr 1999 days

Waiting for a committeeJan 10 to Jan 122 days

In the House of RepresentativesApr 19 to Jun 244 days

Waiting for a committeeApr 19 to Apr 223 days

With the GovernorJun 2 to Jun 1412 days

Votes

Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

  • Senate, third reading27–1

    Passed · Apr 19 · 2 present

  • House of Representatives, third reading57–3

    Passed · Jun 2

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Apr 14

Text

Each version as the Legislative Assembly printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

In the Senate Jan 10 – Apr 19

  1. Introduced
  2. Sent to Business, Transportation and Economic Development
  3. Heard in Business, Transportation and Economic Development
  4. Business, Transportation and Economic Development reported it without a recommendation, and that it go to General Government, Consumer and Small Business Protection
  5. Heard in General Government, Consumer and Small Business Protection
  6. Heard in General Government, Consumer and Small Business Protection
  7. General Government, Consumer and Small Business Protection recommended it as amended
  8. Read a second time
  9. Passed the Senate, 27 to 1

In the House of Representatives Apr 20 – Jun 2

  1. Arrived in the House of Representatives
  2. Sent to General Government and Consumer Protection
  3. Heard in General Government and Consumer Protection
  4. Heard in General Government and Consumer Protection
  5. General Government and Consumer Protection recommended it
  6. Read a second time
  7. Passed the House of Representatives, 57 to 3

To the Governor Jun 3 – Jun 22

  1. Signed in the Senate
  2. Signed in the House of Representatives
  3. Signed by the Governor
  4. Became chapter 327 of Oregon Laws 2011
  5. In force from January 1, 2012
All 22 actions, as published