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2019 SESSION
HB 2419 Banks; capital stock.
Introduced by: David E. Yancey | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Banks; capital stock. Repeals a provision that bars the State Corporation Commission from authorizing a bank to commence business if commissions or other compensation have been paid by the bank for the sale of stock in the bank. The measure also removes the requirement that both organizing directors of a bank be bonded for an amount equal to the total amount of money to be collected before the bank opens for business through stock subscriptions or from purchases of the bank's stock. This bill is identical to SB 1609.
FULL TEXT
- 01/08/19 House: Prefiled and ordered printed; offered 01/09/19 19103830D pdf | impact statement
- 02/19/19 House: Bill text as passed House and Senate (HB2419ER) pdf | impact statement
- 03/08/19 Governor: Acts of Assembly Chapter text (CHAP0253) pdf
HISTORY
- 01/08/19 House: Prefiled and ordered printed; offered 01/09/19 19103830D
- 01/08/19 House: Referred to Committee on Commerce and Labor
- 01/22/19 House: Reported from Commerce and Labor (22-Y 0-N)
- 01/24/19 House: Read first time
- 01/25/19 House: Read second time and engrossed
- 01/28/19 House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 01/28/19 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 01/29/19 Senate: Constitutional reading dispensed
- 01/29/19 Senate: Referred to Committee on Commerce and Labor
- 02/11/19 Senate: Reported from Commerce and Labor (13-Y 0-N)
- 02/13/19 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/14/19 Senate: Read third time
- 02/14/19 Senate: Passed Senate (40-Y 0-N)
- 02/19/19 House: Enrolled
- 02/19/19 House: Bill text as passed House and Senate (HB2419ER)
- 02/19/19 House: Signed by Speaker
- 02/20/19 Senate: Signed by President
- 02/21/19 House: Enrolled Bill communicated to Governor on February 21, 2019
- 02/21/19 Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/08/19 Governor: Approved by Governor-Chapter 253 (effective 7/1/19)
- 03/08/19 Governor: Acts of Assembly Chapter text (CHAP0253)