CHAPTER NUMBER: 523
File Code: Financial Institutions
Crossfiled with: HOUSE BILL 50
- Sponsored By:
-
The President (Task Force to Study Bank Charter Modernization)
- Entitled:
-
Financial Institutions - Bank Charter Modernization and Other Banking
Law Reforms
Consolidating specified laws relating to real estate appraisal
policies; repealing the requirement that commercial banks file a list
of stockholders with the Commissioner of Financial Regulation;
allowing banking institution directors to serve staggered terms;
repealing specified obsolete requirements relating to bills payable
that limit the borrowing authority and flexibility of State-chartered
banks in comparison to national banks; etc.
Senate Action
- 1/22
- First Reading Finance
- 1/27
- Hearing 2/16 at 1:00 p.m.
- 3/18
- Favorable Report by Finance
- 3/19
- Favorable Report Adopted
- Second Reading Passed
- 3/23
- Third Reading Passed (47-0)
- 4/6
- Senate Concur - House Amendment
- Third Reading Passed (46-0)
- Passed Enrolled
- 5/27
- Signed by the Governor Chapter 523
House Action
- 3/24
- First Reading Commerce and Government Matters
- Hearing 3/31 at 1:00 p.m.
- 4/2
- Favorable with Amendments Report by Commerce and Government Matters
- 3/31
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/1
- Third Reading Passed with Amendments (135-2)
- Bill indexed under the following Subjects:
- APPRAISALS
- BANKS AND TRUST COMPANIES
- CHARTERS
- FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
- INVESTMENTS -see also- SECURITIES
- REAL ESTATE -see also- AGENTS AND BROKERS
- REAL PROPERTY
- RECORDS -see also- RCDNGS; LAND RCDS; VITAL RCDS; CRIM BKGD.
- SECURITIES
- Bill affects the following Statutes:
- Financial Institutions
- (
1-208 ,
2-110 ,
3-313 ,
3-405 ,
3-405 ,
3-406 ,
3-508 ,
3-603 ,
4-505 ,
4-505 ,
4-506 ,
5-206.1 ,
5-503 ,
5-504
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 666079/2 (PDF) Offered on: April 2, 1999 at:
10:09 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- March 23, 1999: Third Reading Passed (47-0)
- April 6, 1999: Third Reading Passed (46-0)
- House
- April 1, 1999: Third Reading Passed (135-2)