SB 990

Bill Subjects

Banks And Banking Public Lands And Property Relations Subject Index Planning And Development Municipalities Executive Branch

Abstract

Public Deposits; Adding credit unions meeting certain criteria to a list of qualified public depositories; specifying criteria for a credit union to be designated as a qualified public depository by the Chief Financial Officer; revising and specifying the mutual responsibility and contingent liability of financial institutions designated as qualified public depositories; requiring the Chief Financial Officer to segregate and separately account for certain amounts attributable to credit unions in the Public Deposits Trust Fund, etc.