Credit unions; priority of shares. (HB268)

Introduced By

Del. Kathy Byron (R-Lynchburg)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Credit unions; priority of shares. Removes a provision that establishes that shares held by a credit union member are subordinate to all other obligations of the credit union. This bill is identical to SB 326. Read the Bill »


Bill Has Passed


01/11/2022Prefiled and ordered printed; offered 01/12/22 22101697D
01/11/2022Referred to Committee on Commerce and Energy
01/19/2022Impact statement from SCC (HB268)
01/20/2022Reported from Commerce and Energy (22-Y 0-N) (see vote tally)
01/24/2022Read first time
01/25/2022Read second time and engrossed
01/26/2022Read third time and passed House BLOCK VOTE (97-Y 0-N)
01/26/2022VOTE: Block Vote Passage (97-Y 0-N) (see vote tally)
01/27/2022Constitutional reading dispensed
01/27/2022Referred to Committee on Commerce and Labor
02/21/2022Reported from Commerce and Labor (14-Y 0-N) (see vote tally)
02/23/2022Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/24/2022Read third time
02/24/2022Passed Senate (40-Y 0-N) (see vote tally)
02/28/2022Bill text as passed House and Senate (HB268ER)
02/28/2022Impact statement from SCC (HB268ER)
02/28/2022Signed by Speaker
02/28/2022Signed by President
03/11/2022Enrolled Bill communicated to Governor on March 11, 2022
03/11/2022G Governor's Action Deadline 11:59 p.m., April 11, 2022
04/11/2022G Approved by Governor-Chapter 675 (effective 7/1/22)
04/11/2022G Acts of Assembly Chapter text (CHAP0675)

Duplicate Bills

The following bills are identical to this one: SB326.

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