Bill
HF 4118
Credit unions authorized to obtain insurance from a credit union share insurance provider, credit union share guaranty corporations regulated, and conforming changes made.
2025-2026 Regular Session
Introduced by Keith Allen and 2 co-sponsors
Minnesota bill authorizes credit unions to use state-regulated insurance providers instead of federal NCUA insurance, establishing new state regulatory requirements for share guaranty corporations.
Effective date 08/01/2026