Amends existing law to provide that a credit union shall deliver articles of incorporation to the Secretary of State.
CREDIT UNIONS -- Amends existing law to provide that a credit union shall deliver articles of incorporation to the Secretary of State.
STATEMENT OF PURPOSE
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This bill clarifies a section of the Idaho Credit Union Act that has caused confusion among Idaho credit unions regarding the filing of their articles of incorporation with the Idaho Secretary of State. The bill will now require Idaho credit unions to register with the Idaho Secretary of State and file both their original and amended articles of incorporation and pay the required filing fee.
FISCAL NOTE
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The fiscal note associated with this proposed legislation will have a positive de minimis impact on the state due to the new registration income from Idaho credit unions.
HOW THEY VOTED
House Third Reading
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YEA (64)
NAY (0)
ABSENT / NOT VOTING (6)
Senate Third Reading
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YEA (35)
NAY (0)
LATEST ACTION
Reported Signed by Governor on March 19, 2025 Session Law Chapter 108 Effective: 07/01/2025
BILL INFO
- Session
- 2025
- Chamber
- house
- Status date
- Mar 20, 2025
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