File Code: Financial Institutions
Crossfiled with: HOUSE BILL 423
- Sponsored By:
-
Senator Klausmeier
- Entitled:
-
Banking Institutions - Savings Banks
Authorizing a savings bank to have any banking institution in this
State, any other bank in this State, or any State or federal savings
and loan association in this State merge into the savings bank if the
Commissioner, after receiving the advice of the Banking Board, gives
written consent to the transaction; requiring a plan of reorganization
of a savings bank to provide that as a result of the reorganization,
the mutual holding company shall hold more than 50% of the stock of
the subsidiary savings bank; etc.
Senate Action
- 2/5
- First Reading Finance
- 2/25
- Hearing 3/12 at 1:00 p.m.
- 3/3
- Hearing cancelled
- Hearing 3/17 at 1:00 p.m.
- 3/19
- Favorable Report by Finance
- Favorable Report Adopted
- Second Reading Passed
- 3/22
- Third Reading Passed (46-0)
- 4/7
- Returned Passed
- 5/26
- Governor vetoed - Cross-filed bill was signed
House Action
- 3/23
- First Reading Economic Matters
- 3/24
- Hearing 3/31 at 1:00 p.m.
- 4/7
- Favorable Report by Economic Matters
- 4/3
- Favorable Report Adopted
- Second Reading Passed
- 4/4
- Third Reading Passed (139-0)
- Bill indexed under the following Subjects:
- BANKS AND TRUST COMPANIES
- FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
- FINANCIAL REGULATION, DIVISION OF
- MERGERS AND ACQUISITIONS
- SAVINGS AND LOAN ASSOCIATIONS
- SECURITIES
- Bill affects the following Statutes:
- Financial Institutions
- (
4-101 ,
4-701 ,
4-802 ,
4-803 ,
4-804 ,
4-902
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
- Roll Call Votes (Legislative dates are shown):
- Senate
- March 22, 2004: Third Reading Passed (46-0)
- House
- April 4, 2004: Third Reading Passed (139-0)
