HB 1549: Financial Institutions
GENERAL BILL by Maggard
Financial Institutions; Requires state financial institutions to pay semiannual assessment for specified time periods; requires that semiannual assessment be received by Office of Financial Regulation in specified manner & by specified dates; authorizes office to issue specified certificate; revises definition of term "equity"; revises investment powers of credit union; revises timeframe for certain requirements by directors of proposed bank or trust company; revises timeframe within which bank or trust company corporation is required to open & conduct specified business.
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Bill History
Date Chamber Action 2/28/2025 House • Filed
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HB 1549, Original Filed Version (Current Bill Version) Posted 2/28/2025 at 4:05 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1612 Financial Institutions Grall Identical Last Action: 2/27/2025 S Filed 
Citations - Statutes (7)
Citation Catchline Location in Bill Location In Bill Help 655.047 Assessments; financial institutions. Page 2 (pdf) 655.414 Acquisition of assets; assumption of liabilities. Page 3 (pdf) 657.002 Definitions. Page 4 (pdf) 657.042 Investment powers and limitations. Page 4 (pdf) 657.043 Reserves. Page 5 (pdf) 658.235 Subscriptions for stock; approval of major shareholders. Page 6 (pdf) 658.25 Opening for business. Page 6 (pdf)