Florida Senate - 2005                      COMMITTEE AMENDMENT
    Bill No. SB 1330
                        Barcode 814460
                            CHAMBER ACTION
              Senate                               House
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11  The Committee on Banking and Insurance (Atwater) recommended
12  the following amendment:
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14         Senate Amendment 
15         On page 25, lines 1 through 4, delete those lines
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17  and insert:  
18         (3)  A credit union formed under this chapter shall
19  operate as a financial institution, consistent with the
20  provisions of chapter 655 and this chapter, and may exercise
21  such incidental powers as are necessary or required to
22  effectively carry out the purposes for which the credit union
23  was organized, provided the exercise of powers is approved by
24  rule or order of the commission or office. Acquire, lease,
25  hold, and
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    7:11 AM   03/15/05                             s1330b-bi25-tv4