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1996 SESSION
HB 1126 Banking and finance; money order sales; licensee's proof of security.
Introduced by: William P. Robinson, Jr. | all patrons ... notes | add to my profiles
SUMMARY:
Money order sales and money transmission activities; licensee's proof of security. Grants the Virginia State Corporation Commission authority to permit money order and money transmitter license applicants to deposit with a financial institution cash or securities in lieu of furnishing a surety bond as currently required by law. Additionally, the bill establishes provisions whereby such security requirements may be reduced or canceled within five years of a licensee's cessation of money order sales operations within the Commonwealth.
FULL TEXT
- 01/22/96 House: Presented & ordered printed 960368288 pdf
- 02/12/96 House: Printed as engrossed 960368288-E pdf
- 02/29/96 House: Bill text as passed House and Senate (HB1126ER) pdf
- 03/25/96 Governor: Acts of Assembly Chapter text (CHAP0274) pdf
AMENDMENTS
HISTORY
- 01/22/96 House: Presented & ordered printed 960368288
- 01/22/96 House: Referred to Committee on Corporations, Insurance and Banking
- 02/10/96 House: Reported from C. I. B. w/amds. (22-Y 0-N)
- 02/10/96 House: Read first time
- 02/12/96 House: Read second time
- 02/12/96 House: Committee amendments agreed to
- 02/12/96 House: Engrossed by House as amended
- 02/12/96 House: Printed as engrossed 960368288-E
- 02/13/96 House: Read third time and passed House (Block Vote) (100-Y 0-N)
- 02/13/96 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
- 02/13/96 House: Communicated to Senate
- 02/14/96 Senate: Read first time
- 02/14/96 Senate: Referred to Committee on Commerce and Labor
- 02/19/96 Senate: Reported from Commerce and Labor (15-Y 0-N)
- 02/20/96 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/20/96 Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
- 02/21/96 Senate: Read third time
- 02/21/96 Senate: Passed Senate (40-Y 0-N)
- 02/21/96 Senate: VOTE: PASSAGE (40-Y 0-N)
- 02/29/96 House: Bill text as passed House and Senate (HB1126ER)
- 03/04/96 House: Enrolled
- 03/04/96 House: Signed by Speaker
- 03/05/96 Senate: Signed by President
- 03/19/96 Governor: Approved by Governor-Chapter 274 (effective 7/1/96)
- 03/25/96 Governor: Acts of Assembly Chapter text (CHAP0274)