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House Bill 1353


House Bill 1353

ARCHIVE (2007)

Latest Information

 

DIGEST OF INTRODUCED BILL


Financial institutions. Provides that certain investments by specified financial institutions may not exceed a specified percentage of the financial institution's capital and surplus. (Current law provides that certain investments by financial institutions may not exceed a specified percentage of the financial institution's sound capital.) Changes the term "sound capital" to "capital and surplus".
Current Status:
 In Committee - first House
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