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SB 783

Maryland Senate bill in Session 2026.

Status: enacted. Latest action: June 15, 2026.

Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement.

Bill ID MD-2026-SB-783
Session 2026
Status enacted
Committee Finance; Economic Matters
Senate enacted 2026-06-15
Summary

Authorizing a majority of the board of a surviving credit union to approve a proposed merger without the affirmative vote of a majority of the members of the surviving credit union, subject to certain requirements.

Sponsor
Senator Jackson
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-06 Introduced Bill introduced
2026-06-15 Status enacted
2026-06-15 Latest Action Approved by the Governor - Chapter 507
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