VirginiaFinancial institutions; out-of-state credit unions.
What it does
Financial institutions; out-of-state credit unions. Clarifies that the National Credit Union Administration is not required to designate an agent for service of process and agree that in the absence of such designation service may be upon the clerk of the State Corporation Commission. Current law requires out-of-state credit unions conducting business in the Commonwealth to have any insurer of shares designate such an agent and agree to such service in the absence of such a designation.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 13Approved by Governor Abigail Spanberger-Chapter 700 (effective 7/1/2026)Became Law
- Mar 10Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 10Enrolled Bill communicated to Governor on March 10, 2026Minor
- Mar 9Fiscal Impact Statement from State Corporation Commission (HB902)
- Mar 3Signed by PresidentMajor
- Mar 3Signed by SpeakerMajor
- Mar 3Bill text as passed House and Senate (HB902ER)Major
- Mar 3EnrolledMinor
- Feb 26Passed Senate (40-Y 0-N 0-A)Major
- Vote recorded Passage R. Result: pass.Upper
- Feb 26Read third timeMinor
- Feb 25Passed by for the day Block Vote (Voice Vote)
- Vote recorded Constitutional reading dispensed (on 2nd reading). Result: pass.Upper
- Feb 25Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
- Feb 25Rules suspended
- Feb 23Reported from Commerce and Labor (14-Y 0-N)Minor
- Vote recorded Reported from Commerce and Labor. Result: pass.Upper
- Feb 12Referred to Committee on Commerce and LaborMinor
- Feb 12Constitutional reading dispensed (on 1st reading)
- Feb 11Passed House (98-Y 0-N 0-A)Passed Senate
- Vote recorded H VOTE:. Result: pass.Lower
- Vote recorded H VOTE:. Result: pass.Lower
- Feb 11Reconsideration of passage agreed to by House
- Feb 11Read third time and passed House (96-Y 0-N 0-A)Passed House
- Feb 10Read second time and engrossedMinor
- Feb 9Read first timeMinor
- Feb 5Reported from Labor and Commerce (22-Y 0-N)Minor
- Vote recorded Reported from Labor and Commerce. Result: pass.Lower
- Feb 3Subcommittee recommends reporting (9-Y 0-N)
- Vote recorded Subcommittee recommends reporting. Result: pass.Lower
- Jan 25Fiscal Impact Statement from State Corporation Commission (HB902)
- Jan 22Assigned HCL sub: Subcommittee #1Minor
- Jan 13Referred to Committee on Labor and CommerceMinor
- Jan 13Prefiled and ordered printed; Offered 01-14-2026 26103287DIntroduced