2007 Regular Session

SENATE BILL 433

CHAPTER NUMBER: 154
File Code: Financial Institutions Crossfiled with: HOUSE BILL 789
Sponsored By:
Senator Klausmeier
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 terms; providing for an exception; providing for a penalty for a violation of the Act; etc.

History by Legislative and Calendar Date

Senate Action
2/2
First Reading Finance
2/6
Hearing 2/16 at 1:00 p.m.
3/5
Favorable with Amendments Report by Finance
3/6
Favorable with Amendments
Laid Over (Senator Harris) Adopted
3/7
Favorable with Amendments Report Adopted
Floor Amendment (Senator Edwards) Adopted
Second Reading Passed with Amendments
3/9
Third Reading Passed (44-1)
3/31
Senate Concur - House Amendment
Third Reading Passed (47-0)
Passed Enrolled
House Action
3/12
First Reading Economic Matters
3/21
Hearing 3/28 at 1:00 p.m.
3/30
Favorable with Amendments Report by Economic Matters
3/26
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/27
Third Reading Passed with Amendments (139-0)
Action after passage in Senate and House
4/24
Approved by the Governor
- Chapter 154

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, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
Senate
Number: 383229/01     Offered on: March 7, 2007   at: 10:28 a.m.     Status: Adopted
Number: 397873/01     Offered on: March 7, 2007   at: 10:21 a.m.     Status: Adopted
House
Number: 863395/01     Offered on: March 30, 2007   at: 11:40 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 9, 2007: Third Reading Passed (44-1)
March 31, 2007: Third Reading Passed (47-0)
House
March 27, 2007: Third Reading Passed (139-0)