Financial institutions; out-of-state credit unions.
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “An Act to amend and reenact § 6.2-1379 of the Code of Virginia, relating to financial institutions; out-of-state credit unions.” Read the full text
2026 session
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.
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Introduced · Jan 13, 2026
Acts of Assembly Chapter 700 (latest official status)
Latest official status shown, exactly as the official record states it. The step by step history lives on the official page linked below.
The numbers
1
sponsor on the bill
Sponsors
Alfonso H. Lopez
Recorded votes
Passed Senate (40-Y 0-N 0-A)Senate · 2026-02-26 · P · Y 40
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)Senate · 2026-02-25 · P · Y 40
Reported from Commerce and Labor (14-Y 0-N)Senate · 2026-02-23 · P · Y 14, X 1
Passed House (98-Y 0-N 0-A)House of Delegates · 2026-02-11 · P · Y 98, X 2
Read third time and passed House (96-Y 0-N 0-A)House of Delegates · 2026-02-11 · P · Y 96, X 4
Reported from Labor and Commerce (22-Y 0-N)House of Delegates · 2026-02-05 · P · Y 22
Subcommittee recommends reporting (9-Y 0-N)House of Delegates · 2026-02-03 · P · Y 9
Roll-call results shown verbatim from the Virginia legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Acts of Assembly Chapter 700.