HB 1732 Payment of dividends by banks.
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Summary:
Payment of dividends by banks. Authorizes the State Corporation Commission to limit or approve the payment of dividends by banks when warranted by the financial condition of the bank. Under current law, the SCC is authorized only to limit the payment of dividends by a bank, and to do so when it is in the public interest and is necessary to ensure the financial soundness of the bank.

Full text:
01/18/95  House: Presented & ordered printed LD0236681  pdf
02/21/95  House: Bill text as passed House and Senate (HB1732ER)  pdf
03/10/95  Governor: Acts of Assembly Chapter text (CHAP0084)  pdf

Status:
01/18/95  House: Presented & ordered printed LD0236681
01/18/95  House: Referred to Committee on Corporations, Insurance and Banking
01/24/95  House: Reported from Corp., Ins. & Banking (21-Y 0-N)
01/25/95  House: Read first time
01/26/95  House: Read second time and engrossed
01/27/95  House: Read third time and passed House (96-Y 0-N)
01/27/95  House: VOTE: PASSAGE (96-Y 0-N)
01/27/95  House: Communicated to Senate
01/30/95  Senate: Read first time
01/30/95  Senate: Referred to Committee on Commerce and Labor
02/13/95  Senate: Reported from Commerce and Labor (15-Y 0-N)
02/14/95  Senate: Constitutional reading dispensed (39-Y 0-N)
02/14/95  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
02/15/95  Senate: Read third time
02/15/95  Senate: Passed Senate (40-Y 0-N)
02/15/95  Senate: VOTE: PASSAGE (40-Y 0-N)
02/21/95  House: Bill text as passed House and Senate (HB1732ER)
02/24/95  House: Enrolled
02/24/95  House: Signed by Speaker
02/24/95  Senate: Signed by President
03/07/95  Governor: Approved by Governor-Chapter 84 (effective 7/1/95)
03/10/95  Governor: Acts of Assembly Chapter text (CHAP0084)