CHAPTER NUMBER: 689
File Code: Financial Institutions
- Sponsored By:
-
Delegate Arnick
- Entitled:
-
Financial Institutions - Conversion of Federal Stock Savings and Loan
Associations and Federal Stock Savings Banks to State-Chartered
Commercial Banks
Authorizing a federal stock savings and loan association or a federal
stock savings bank to convert to a state-chartered commercial bank;
providing for procedures, stockholder consent, legal status, timing of
conformance, and other specified transition issues concerning the
conversion of a federal stock savings and loan association or a
federal stock savings bank to a state-chartered commercial bank; and
providing that, pursuant to specified regulations, any person may
request that a hearing be conducted regarding the conversion.
House Action
- 2/3
- First Reading Commerce and Government Matters
- 2/4
- Hearing 2/25 at 1:15 p.m.
- 3/2
- Favorable with Amendments Report by Commerce and Government Matters
- 3/3
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/5
- Third Reading Passed (135-0)
- 4/2
- Return Passed
- 5/21
- Signed by the Governor Chapter 689
Senate Action
- 3/6
- First Reading Finance
- 3/11
- Hearing 3/24 at 1:00 p.m.
- 4/1
- Favorable Report by Finance
- 4/2
- Favorable Report Adopted
- Second Reading Passed
- 4/6
- Third Reading Passed (45-1)
- Bill indexed under the following Subjects:
- BANKS AND TRUST COMPANIES
- FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
- HEARINGS
- RULES AND REGULATIONS
- SAVINGS AND LOAN ASSOCIATIONS
- SECURITIES
- Bill affects the following Statutes:
- Financial Institutions
- (
1-101 ,
3-801
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 066567/1 (PDF) Offered on: March 3, 1998 at:
10:12 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 5, 1998: Third Reading Passed (135-0)
- Senate
- April 6, 1998: Third Reading Passed (45-0)
