Amends TCA Title 45, Chapter 2; Title 45, Chapter 4 and Title 45, Chapter 7.
Tennessee HB2537 proposes to terminate the state credit union share insurance corporation, which currently protects member credit unions' shareholdings and deposits against loss. The bill also seeks to dissolve the capital fund maintained by the corporation, composed of contributions and assessments from member credit unions. Key changes include the elimination of state-level insurance for credit union deposits and the associated capital fund.
Tennessee HB2537 proposes to terminate the state credit union share insurance corporation, which currently protects member credit unions' shareholdings and deposits against loss. The bill also seeks to dissolve the capital fund maintained by the corporation, composed of contributions and assessments from member credit unions. Key changes include the elimination of state-level insurance for credit union deposits and the associated capital fund.
Track Tennessee Legislation Like a Pro
Join hundreds of professionals using LegisGo to stay ahead of legislative changes.
Instant Alerts
Get notified when bills you track move through the legislature
AI Summaries
Understand complex legislation in seconds with AI-powered analysis
Full Access
All 132 legislators, committee schedules, and voting records