History of Actions | Background | Title |
Description: Banking regulatory laws; amend various.
| 1 | 01/09/97 | (H) | Referred To Banks and Banking | |
| 2 | 01/27/97 | (H) | Title Suff Do Pass Comm Sub | |
| 3 | 02/05/97 | (H) | Committee Substitute Adopted | |
| 4 | 02/05/97 | (H) | Passed | |
| 5 | 02/07/97 | (H) | Transmitted To Senate | |
| 6 | 02/11/97 | (S) | Referred To Business and Financial Institutions | |
| 7 | 03/04/97 | (S) | Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | Yes |
House Committee:
Senate Committee:
Principal Author: Guice
Code Sections: A 081-0001-0115, A 081-0003-0001, A 081-0005-0045, A 081-0005-0055, A 081-0005-0085, A 081-0007-0001, A 081-0007-0008, A 081-0012-0063, RP 081-0005-0073, RP 081-0011-0091, RP 081-0011-0093, RP 081-0011-0095
Title: AN ACT TO AMEND SECTION 81-1-115, MISSISSIPPI CODE OF 1972, TO REVISE THE FEES CHARGED BY THE COMMISSIONER OF BANKING AND CONSUMER FINANCE FOR FILING DOCUMENTS AND ISSUING CERTIFICATES; TO AMEND SECTION 81-3-1, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERM "ELIGIBLE BANKS" FOR THE PURPOSE OF BANKING STATUTES; TO AMEND SECTION 81-5-45, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT EVERY EXECUTIVE OFFICER OF A BANK SHALL SUBSCRIBE TO AN ANNUAL OATH; TO AMEND SECTION 81-5-55, MISSISSIPPI CODE OF 1972, TO ALLOW THE DISCLOSURE OF DEPOSITOR INFORMATION TO BANK AFFILIATES; TO AMEND SECTION 81-5-85, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR THE CONSOLIDATION OR MERGER BETWEEN STATE OR FEDERAL SAVINGS BANKS AND STATE-CHARTERED BANKS, AND STATE OR FEDERAL SAVINGS AND LOAN ASSOCIATIONS AND STATE-CHARTERED BANKS; TO AMEND SECTION 81-7-1, MISSISSIPPI CODE OF 1972, TO GRANT ELIGIBLE BANKS CERTAIN PREFERENCES WITH RESPECT TO BRANCHING ACTIVITY; TO AMEND SECTION 81-7-8, MISSISSIPPI CODE OF 1972, TO REMOVE THE POPULATION RESTRICTIONS UPON THE DE NOVO ESTABLISHMENT OF BRANCH BANKS; TO AMEND SECTION 81-12-63, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO SECTION 81-5-85; TO CREATE A NEW CODE SECTION TO BE CODIFIED WITHIN CHAPTER 12 OF TITLE 81, MISSISSIPPI CODE OF 1972, TO ALLOW SAVINGS ASSOCIATIONS TO REORGANIZE TO PROVIDE FOR OWNERSHIP BY HOLDING COMPANIES; TO CREATE A NEW CODE SECTION TO BE CODIFIED WITHIN CHAPTER 3 OF TITLE 81, MISSISSIPPI CODE OF 1972, TO ALLOW BANKS TO REORGANIZE TO PROVIDE FOR OWNERSHIP BY HOLDING COMPANIES; TO REPEAL SECTION 81-5-73, MISSISSIPPI CODE OF 1972, WHICH SETS FORTH THE CASH RESERVE REQUIREMENTS FOR BANKS; TO REPEAL SECTION 81-11-91, MISSISSIPPI CODE OF 1972, WHICH PROVIDES FOR THE APPOINTMENT, POWERS AND DUTIES OF A CONSERVATOR FOR SAVINGS ASSOCIATIONS NOT HAVING DEPOSITS INSURED BY A FEDERAL OR STATE AGENCY; TO REPEAL SECTION 81-11-93, MISSISSIPPI CODE OF 1972, WHICH PLACES RESTRICTIONS ON TRANSACTIONS IN SHARES, DEPOSITS AND THE LIKE OF SAVINGS ASSOCIATIONS UNDER THE JURISDICTION OF A CONSERVATOR; TO REPEAL SECTION 81-11-95, MISSISSIPPI CODE OF 1972, WHICH DEFINES TERMS UTILIZED IN THE PROVISIONS OF LAW GOVERNING THE APPOINTMENT OF A CONSERVATOR FOR SAVINGS ASSOCIATIONS NOT HAVING DEPOSITS INSURED BY A FEDERAL OR STATE AGENCY; AND FOR RELATED PURPOSES.
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1997/History/HB\HB0803.htm