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SA1TOSS1FORSB16 • 2025

This Amendment clarifies what is required of an out-of-state state bank or out-of-state state trust company in order to apply for a charter with the Commissioner in a conversion.

This Amendment clarifies what is required of an out-of-state state bank or out-of-state state trust company in order to apply for a charter with the Commissioner in a conversion.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Last action
2026-04-23
Official status
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

This Amendment clarifies what is required of an out-of-state state bank or out-of-state state trust company in order to apply for a charter with the Commissioner in a conversion.

This Amendment clarifies what is required of an out-of-state state bank or out-of-state state trust company in order to apply for a charter with the Commissioner in a conversion.

What This Bill Does

  • This Amendment clarifies what is required of an out-of-state state bank or out-of-state state trust company in order to apply for a charter with the Commissioner in a conversion.
  • This Amendment clarifies what is required of an out-of-state state bank or out-of-state state trust company in order to apply for a charter with the Commissioner in a conversion.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

No action history is stored for this bill yet.

Official Summary Text

This Amendment clarifies what is required of an out-of-state state bank or out-of-state state trust company in order to apply for a charter with the Commissioner in a conversion.
This Amendment clarifies what is required of an out-of-state state bank or out-of-state state trust company in order to apply for a charter with the Commissioner in a conversion.