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1996 SESSION

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HB 362 Banking and finance; directors of a bankers' bank.

Introduced by: R. Creigh Deeds | all patrons    ...    notes | add to my profiles

SUMMARY:

Banking and finance; directors of a bankers' bank. Provides that a director of a bankers' bank (as defined in 6.1-6.1) is not required to own or control any shares of stock of the bankers' bank or any shares of stock of a bank holding company that controls the bankers' bank. Under current law, directors of other banks must own or control a specified minimum book value of the bank's shares of stock.


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