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2000 SESSION

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SB 251 Identifying a business as a bank.

Introduced by: Richard J. Holland | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Identifying a business as a bank. Rewrites existing law that prohibits a person, entity, or organization that is not authorized to engage in banking or trust business from using signs or written materials indicating that it is a bank, and from using words such as "bank," "banking," "banker" or "trust" in connection with any business other than the business of banking. A violation remains a Class 6 felony. The changes remove outdated terminology and make technical corrections.


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