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1995 SESSION

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HB 1752 Construction loans by banks.

Introduced by: W. W. Bennett, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Construction loans by banks. Exempts from the permissible aggregate amount of loans that banks may invest or be liable in to finance the construction of a building or otherwise to improve real estate, loans that are supported by an executed agreement for permanent financing. Under current law, the total of all such loans may not exceed 100 percent of a bank's capital and surplus.

FULL TEXT

• 01/18/95  House: Presented & ordered printed LD0239681  pdf
• 02/21/95  House: Bill text as passed House and Senate (HB1752ER)  pdf
• 03/10/95  Governor: Acts of Assembly Chapter text (CHAP0087)  pdf

HISTORY

• 01/18/95  House: Presented & ordered printed LD0239681
• 01/18/95  House: Referred to Committee on Corporations, Insurance and Banking
• 01/24/95  House: Reported from Corp., Ins. & Banking (21-Y 0-N)
• 01/25/95  House: Read first time
• 01/26/95  House: Read second time and engrossed
• 01/27/95  House: Read third time and passed House (96-Y 0-N)
• 01/27/95  House: VOTE: PASSAGE (96-Y 0-N)
• 01/27/95  House: Communicated to Senate
• 01/30/95  Senate: Read first time
• 01/30/95  Senate: Referred to Committee on Commerce and Labor
• 02/13/95  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 02/14/95  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/14/95  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
• 02/15/95  Senate: Read third time
• 02/15/95  Senate: Passed Senate (40-Y 0-N)
• 02/15/95  Senate: VOTE: PASSAGE (40-Y 0-N)
• 02/21/95  House: Bill text as passed House and Senate (HB1752ER)
• 02/24/95  House: Enrolled
• 02/24/95  House: Signed by Speaker
• 02/24/95  Senate: Signed by President
• 03/07/95  Governor: Approved by Governor-Chapter 87 (effective 7/1/95)
• 03/10/95  Governor: Acts of Assembly Chapter text (CHAP0087)