SB0206 (CH0265)

Find a 2017 Bill:

2017 Regular Session



Financial Institutions - Qualifications of Directors of Commercial Banks - Residency

Sponsored by:

Senator Feldman


Approved by the Governor - Chapter 265

Synopsis:Decreasing from a majority to at least 30%, the percentage of the directors of a commercial bank who are required to be residents of the State.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Feldman, Astle, Benson, Hershey, Jennings, Oaks, Klausmeier, Mathias, Middleton, Reilly, and Rosapepe
Additional Facts:Cross-filed with: HB0718
Bill File Type: Regular
Effective Date(s): October 1, 2017
Finance  View Committee HearingEconomic Matters
Broad Subject(s):Financial Institutions
Narrow Subject(s):Banks and Trust Companies
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Financial Institutions -see also- Banks; Credit Unions; etc.
Residency -see also- Immigrants and Citizenship
Work, Labor and Employment -see also- Col Barg; Holiday; etc
Statutes:Article - Financial Institutions

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Explanation of Floor Motions and Actions

November 28, 2017 1:09 P.M.