2002 Regular Session

HOUSE BILL 282

File Code: Financial Institutions
Sponsored By:
Delegate Wood
Entitled:
Banking Institutions - Directors - Attendance at Board Meetings

Synopsis:

Creating an automatic waiver by the Commissioner of Financial Regulation of the disqualification of a director of a banking institution who fails to attend at least 2 consecutive meetings of the board of directors because of the director's active military service or participation as a member of a legislative body of the federal or State government or of a political subdivision.

History by Legislative Date

House Action
1/23
First Reading Commerce and Government Matters
Hearing 2/6 at 1:00 p.m.
2/18
Favorable Report by Commerce and Government Matters
2/19
Favorable Report Adopted
Second Reading Passed
2/21
Third Reading Passed (131-2)
Senate Action
2/25
First Reading Finance
3/21
Hearing 4/2 at 1:00 p.m.
4/5
Unfavorable Report by Finance
Bill indexed under the following Subjects:
ARMED FORCES -see also- MILITIA
BANKS AND TRUST COMPANIES
COUNTY COMMISSIONERS
COUNTY COUNCILS
FEDERAL GOVERNMENT
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
FINANCIAL REGULATION, DIVISION OF
GENERAL ASSEMBLY -see also- AELR CMTE; LEG POLICY COMMITTEE.
MILITIA
Bill affects the following Statutes:
Financial Institutions
( 3-408 , 4-507 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Vote (Legislative date is shown):
House
February 21, 2002: Third Reading Passed (131-2)