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Credit Union Legislation as of 5/18/2008 AB 1418 (Arambula ) Credit Union Membership Investment Model.    This bill requires the Credit Union Advisory Committee to develop, in consultation with the commissioner, a Credit Union Membership Investment Model that serves as a framework for the Department of Financial Institutions to identify credit union best practices relating to community development, small business and microenterprise financing, and investments of credit union capital.    Assigned Alex Alanis Position Support Priority 3