2007 Regular Session

HOUSE BILL 789

File Code: Financial Institutions Crossfiled with: SENATE BILL 433
Sponsored By:
Delegates Minnick, Burns, Feldman, Haddaway, Impallaria, Jameson, Love, Manno, and Miller
Entitled:
Banking Institutions - Deceptive Use of Names, Trade Names, Trademarks, Service Marks, Logos, or Taglines - Penalties

Synopsis:

Clarifying the entities that may use a name, title, or other words that represent that the person is authorized to do the business of banking in the State; providing that, except with the consent of the bank, a person may not use the name of a bank or any term or design that is similar to the name in specified material; defining "name"; providing for an exception; providing for a penalty for a violation of the Act; etc.

History by Legislative and Calendar Date

House Action
2/9
First Reading Economic Matters
2/14
Hearing 3/1 at 1:00 p.m.
3/20
Favorable with Amendments Report by Economic Matters
3/17
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/18
Third Reading Passed (139-0)
3/28
Returned Passed
Senate Action
3/21
First Reading Finance
3/22
Hearing 3/28 at 1:00 p.m.
3/30
Favorable Report by Finance
3/28
Favorable Report Adopted
Second Reading Passed
3/29
Third Reading Passed (46-1)
Action after passage in House and Senate
5/17
Vetoed by the Governor (Duplicative)

Sponsored by:

Delegate Joseph J. Minnick, District 6
Delegate Emmett C. Burns, Jr., District 10
Delegate Brian J. Feldman, District 15
Delegate Jeannie Haddaway, District 37B
Delegate Rick Impallaria, District 7
Delegate Sally Jameson, District 28
Delegate Mary Ann E. Love, District 32
Delegate Roger Manno, District 19
Delegate Warren E. Miller, District 9A

Bill indexed under the following Subjects:

Advertising
Banks and Trust Companies
Civil Actions -see also- Small Claims
Consumer Protection -see also- Unfair Trade Practices
Copyright
Financial Institutions -see also- Banks; Credit Unions; etc.
Financial Regulation, Division of
Names -see also- Proper Names
Penalties
Savings and Loan Associations
Solicitation

Bill affects the following Statute:

Financial Institutions
( 5-806 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
House
Number: 533390/01     Offered on: March 20, 2007   at: 10:29 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 18, 2007: Third Reading Passed (139-0)
Senate
March 29, 2007: Third Reading Passed (46-1)