United States · Bill · HR
H.R. 5981 (116th)
Credit Union Board Modernization Act
Introduced
26 February 2020
Last action
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Status
Referred to the House Committee on Financial Services.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
Summary
Credit Union Board Modernization Act This bill reduces the frequency of meetings required to be held by a credit union's board of directors. Specifically, the bill requires at least six meetings annually, with at least one meeting held during each fiscal quarter. Currently, boards must meet at least once a month.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 26 February 2020
Introduced in House (PDF)
Introduced in House · EN · 26 February 2020
Introduced in House
summary · EN · 26 February 2020
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/house-bill/5981
- Open data entity: https://api.congress.gov/v3/bill/116/hr/5981