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2014 SESSION

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HB 1062 Banks; minimum capital stock requirement.

Introduced by: Ronald A. Villanueva | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Banks; minimum capital stock requirement. Provides that the directive that the State Corporation Commission not issue a certificate of authority to a bank unless it finds that individuals have subscribed for specific amounts of the bank's capital stock and surplus does not apply to the Commission's issuance of such a certificate to a bank holding company or to a resulting bank in connection with certain types of mergers involving the holding company and its subsidiary bank. This bill is identical to SB 517.

FULL TEXT

• 01/08/14  House: Presented and ordered printed 14103590D  pdf | impact statement
• 02/24/14  House: Bill text as passed House and Senate (HB1062ER)  pdf | impact statement
• 03/07/14  Governor: Acts of Assembly Chapter text (CHAP0221)  pdf

HISTORY

• 01/08/14  House: Presented and ordered printed 14103590D
• 01/08/14  House: Referred to Committee on Commerce and Labor
• 01/16/14  House: Reported from Commerce and Labor (21-Y 0-N)
• 01/20/14  House: Read first time
• 01/21/14  House: Read second time and engrossed
• 01/22/14  House: Read third time and passed House BLOCK VOTE (97-Y 0-N)
• 01/22/14  House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
• 01/23/14  Senate: Constitutional reading dispensed
• 01/23/14  Senate: Referred to Committee on Commerce and Labor
• 02/17/14  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 02/19/14  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/20/14  Senate: Read third time
• 02/20/14  Senate: Passed Senate (40-Y 0-N)
• 02/24/14  House: Enrolled
• 02/24/14  House: Bill text as passed House and Senate (HB1062ER)
• 02/24/14  House: Signed by Speaker
• 02/26/14  Senate: Signed by President
• 03/07/14  Governor: Approved by Governor-Chapter 221 (effective 7/1/14)
• 03/07/14  Governor: Acts of Assembly Chapter text (CHAP0221)