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---
type: "Bill"
title: "Credit Union Ownership of Ins. Co."
description: "Credit Union Ownership of Ins. Co."
jurisdiction: "us/states/nc"
legislature: "North Carolina General Assembly"
session: "2011"
identifier: "HB 501"
citation: "North Carolina HB 501 (2011)"
classification: ["bill"]
subjects: ["COMMERCE", "CREDIT UNIONS", "DEATH & DYING", "FINANCIAL INSTITUTIONS", "FINANCIAL SERVICES", "INSURANCE", "INSURANCE", "LIFE", "PRESENTED", "PUBLIC", "RATIFIED", "CHAPTERED", "REP. GLAZIER"]
status: "enacted"
primary_sponsors: ["Dockham", "Glazier", "Hamilton"]
version_count: 5
action_count: 18
vote_count: 2
first_action: "2011-03-29"
last_action: "2011-06-23"
source: "openstates"
source_identifier: "ocd-bill/d9061e52-dca0-4bfd-8339-ac087182f9a3"
source_url: "http://www.ncleg.net/gascripts/BillLookUp/BillLookUp.pl?Session=2011&BillID=H501&votesToView=all"
source_hash: "2ca5f70a3ed6452639c9cd3600d440ffbe6d00c21f42c36fcd7d6a271380e6a0"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nc"]
---
# North Carolina HB 501 (2011) — Credit Union Ownership of Ins. Co.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Filed** (filed) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H501v0.pdf)
2. **Edition 1** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H501v1.pdf)
3. **Edition 2** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H501v2.pdf)
4. **Ratified** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H501v3.pdf)
5. **SL2011-221** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/House/PDF/H501v4.pdf)
## Votes
- Second Reading — **1140** (pass) · lower
- Second Reading — **480** (pass) · upper
## Sponsors
- Dockham — primary (person)
- Glazier — primary (person)
- Hamilton — primary (person)
- Harrison — cosponsor (person)
- Lucas — cosponsor (person)
- R. Moore — cosponsor (person)
- Setzer — cosponsor (person)
- Wray — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2011-06-23** Ch. SL 2011-221 `became-law`
- **2011-06-23** Signed By Gov. 6/23/2011 `executive-signature`
- **2011-06-16** Pres. To Gov. 6/16/2011 `executive-receipt`
- **2011-06-15** Ratified
- **2011-06-14** Passed 2nd & 3rd Reading `passage, reading-2, reading-3`
- **2011-06-13** Reptd Fav `committee-passage-favorable`
- **2011-05-26** Ref To Com On Insurance `referral-committee`
- **2011-05-26** Passed 1st Reading `reading-1`
- **2011-05-26** Rec From House
- **2011-05-25** Passed 2nd & 3rd Reading `passage, reading-2, reading-3`
- **2011-05-24** Placed On Cal For 5/25/2011
- **2011-05-18** Cal Pursuant Rule 36(b)
- **2011-05-18** Withdrawn From Com
- **2011-05-18** Re-ref Com On Banking `referral-committee`
- **2011-05-18** Reptd Fav Com Substitute `committee-passage-favorable`
- **2011-03-30** Ref to the Com on Insurance, if favorable, Banking `referral-committee`
- **2011-03-30** Passed 1st Reading `reading-1`
- **2011-03-29** Filed `introduction`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d9061e52-dca0-4bfd-8339-ac087182f9a3`. Confidence: reported (aggregated from official North Carolina legislature records).