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1994 SESSION

• | print version

HB 294 Savings banks; conversion.

Introduced by: Clifton A. Woodrum | all patrons    ...    notes | add to my profiles

SUMMARY:

Savings banks; conversion. Authorizes savings banks to convert from mutual savings institutions to stock savings banks with the approval of the State Corporation Commission's Bureau of Financial Institutions. A parallel provision currently permits nonstock (or mutual) savings and loan associations to convert to stock associations. Under the bill, the fee changed by the SCC for investigating an application for such conversion is specified to be $5,000. An emergency clause makes the bill effective from its passage.

FULL TEXT

• 01/19/94  House: Presented and ordered printed  pdf
• 02/01/94  House: Committee substitute printed LD3138492 (HB294H1)  pdf
• 02/21/94  Senate: Committee substitute printed LD3144492 (HB294S1)  pdf
• 03/11/94  House: Bill text as passed House and Senate (HB294ER)  pdf
• 04/07/94  Governor: Acts of Assembly Chapter text (CHAP0331)  pdf

AMENDMENTS

• Senate amendments

HISTORY

• 01/19/94  House: Presented and ordered printed
• 01/19/94  House: Referred to Committee on Corporations, Insurance and Banking
• 02/01/94  House: Reported from C. I. B. w/sub. (22-Y 0-N)
• 02/01/94  House: Committee substitute printed LD3138492 (HB294H1)
• 02/02/94  House: Read first time
• 02/03/94  House: Read second time
• 02/03/94  House: Committee substitute agreed to
• 02/03/94  House: Engrossed by House - committee substitute
• 02/04/94  House: Read third time and passed House (Block Vote) (99-Y 0-N)
• 02/04/94  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
• 02/04/94  House: Communicated to Senate
• 02/07/94  Senate: Read first time
• 02/07/94  Senate: Referred to Committee on Commerce and Labor
• 02/21/94  Senate: Reported from C. & L. with substitute (15-Y 0-N)
• 02/21/94  Senate: Committee substitute printed LD3144492 (HB294S1)
• 02/22/94  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/22/94  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
• 02/23/94  Senate: Read third time
• 02/23/94  Senate: Reading of substitute waived
• 02/23/94  Senate: Committee substitute agreed to
• 02/23/94  Senate: Reading of amendments waived
• 02/23/94  Senate: Amendments by Sen. R.J. Holland agreed to
• 02/23/94  Senate: Engrossed by Senate-comm. substitute/w amdts.
• 02/23/94  Senate: Passed Senate with sub. w/amds. (38-Y 0-N)
• 02/23/94  Senate: VOTE: PASSAGE (38-Y 0-N)
• 02/24/94  House: Placed on Calendar
• 02/25/94  House: Senate sub. w/amds. agreed to by House (95-Y 1-N)
• 02/25/94  House: Emergency clause added
• 02/25/94  House: VOTE: ADOPTION (95-Y 1-N)
• 03/11/94  House: Bill text as passed House and Senate (HB294ER)
• 03/22/94  House: Enrolled
• 03/23/94  House: Signed by Speaker
• 03/24/94  Senate: Signed by President
• 04/05/94  Governor: Approved by Governor-Chapter 331 (effective 4/5/94)
• 04/07/94  Governor: Acts of Assembly Chapter text (CHAP0331)