2025-2026 Regular SessionNorth Dakota Legislature

HB1507: The application, powers, payment of claims, liquidation, and sale of cooperative financial institutions.

Legislative Summary

AN ACT to create and enact a new chapter to title 6 of the North Dakota Century Code, relating to the establishment and organization of cooperative financial institutions; and to amend and reenact sections 6-01-02, 6-01-15, 6-01-17.1, 6-02-02, 6-02-03, 6-03-02, 6-03-11, 6-03-13.1, 6-03-34, 6-05-01, 6-06-35, 6-07.2-09, 6-07.2-19, and 6-08-08.1 of the North Dakota Century Code, relating to the application, powers, payment of claims, liquidation, and sale of cooperative financial institutions.

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Bill History

1/20/2025
Introduced, first reading, referred to Industry, Business and Labor
House of Representatives
1/28/2025
Committee Hearing 10:15 (Industry, Business and Labor)
House of Representatives
2/6/2025
Reported back amended, do pass, amendment placed on calendar 8 2 4
House of Representatives
2/7/2025
Amendment adopted, placed on calendar
House of Representatives
2/10/2025
Second reading, passed, yeas 87 nays 3
House of Representatives
2/11/2025
Received from House
Senate
2/17/2025
Introduced, first reading, referred to Industry and Business
Senate
3/10/2025
Committee Hearing 03:00 (Industry and Business)
Senate
3/11/2025
Reported back, do pass 5 0 0
Senate
3/11/2025
Rereferred to Appropriations
Senate
3/19/2025
Committee Hearing 10:30 (Appropriations - Government Operations Division)
Senate
3/21/2025
Reported back, do pass, place on calendar 15 0 1
Senate
3/24/2025
Second reading, passed, yeas 44 nays 0
Senate
3/25/2025
Returned to House
House of Representatives
3/26/2025
Signed by President
Senate
4/1/2025
Signed by Speaker
House of Representatives
4/1/2025
Sent to Governor
House of Representatives
4/4/2025
Signed by Governor 04/02
House of Representatives
4/7/2025
Filed with Secretary Of State 04/03
House of Representatives

Roll Call Votes

Senate Second reading
3/24/2025
44
Yea
0
Nay
0
Not Voting
3
Absent
Result: PASSED
House Second reading
2/10/2025
87
Yea
3
Nay
0
Not Voting
4
Absent
Result: PASSED

Status Information

Current Status
Passed(4/4/2025)
Chamber
House of Representatives

Sponsors

Republican: 1

Primary Sponsor

Dan Vollmer
Dan Vollmer
Republican

Documents

Enrolled
Bill Text3/26/2025158.4 KB
Engrossed
Bill Text2/6/2025161.2 KB
Introduced
Bill Text1/20/2025160.4 KB