Altering the process for and circumstances under which a banking institution may engage in any additional activity, service, or other practice that is authorized for national banking associations; requiring a written notice to the Commissioner of Financial Regulation at least 45 calendar days before engaging in any additional activity; the Commissioner may prohibit certain activity or service if it is determined the performance of a certain activity would adversely affect the safety and soundness of the financial institution; etc.
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2020
By Request of the Governor
Last Updated: 3/23/2020 8:37 AM