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1998 SESSION

• | print version

SB 243 Banking; acquisitions of state banks by out-of-state companies.

Introduced by: John C. Watkins | all patrons    ...    notes | add to my profiles

SUMMARY:

Banking; acquisitions of Virginia banks by out-of-state bank holding companies. Provides that acquisitions of Virginia banks by out-of-state bank holding companies are subject to the same application and review process as acquisitions of Virginia banks by other entities. This bill eliminates differences between interstate acquisitions by bank holding companies and by other entities. Any proposed acquisitions of Virginia banks and bank holding companies will continue to be subject to an application and review process.

FULL TEXT

• 01/16/98  Senate: Presented & ordered printed 980773845  pdf
• 03/11/98  Senate: Bill text as passed Senate and House (SB243ER)  pdf
• 04/09/98  Governor: Acts of Assembly Chapter text (CHAP0231)  pdf

HISTORY

• 01/16/98  Senate: Presented & ordered printed 980773845
• 01/16/98  Senate: Referred to Committee on Commerce and Labor
• 01/26/98  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 01/27/98  Senate: Constitutional reading dispensed (40-Y 0-N)
• 01/27/98  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
• 01/28/98  Senate: Read second time and engrossed
• 01/29/98  Senate: Read third time and passed Senate (39-Y 0-N)
• 01/29/98  Senate: VOTE: PASSAGE R (39-Y 0-N)
• 01/29/98  Senate: Communicated to House
• 01/30/98  House: Placed on Calendar
• 02/02/98  House: Read first time
• 02/02/98  House: Referred to Committee on Corporations, Insurance and Banking
• 02/20/98  House: Assigned to C. I. B. sub-committee: 2
• 02/26/98  House: Reported from Corp., Ins. & Banking (25-Y 0-N)
• 02/27/98  House: Read second time
• 03/02/98  House: Read third time
• 03/02/98  House: Passed House (94-Y 0-N)
• 03/02/98  House: VOTE: PASSAGE (94-Y 0-N)
• 03/11/98  Senate: Bill text as passed Senate and House (SB243ER)
• 03/16/98  Senate: Enrolled
• 03/16/98  House: Signed by Speaker
• 03/17/98  Senate: Signed by President
• 04/02/98  Governor: Approved by Governor-Chapter 231 (effective 7/1/98)
• 04/09/98  Governor: Acts of Assembly Chapter text (CHAP0231)