04RS HB319


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HB 319 (BR 1205) - T. Thompson, R. Damron, B. Buckingham

     AN ACT relating to establishing bank branches.
     Amend KRS 287.920, pertaining to establishing bank branches by an interstate merger, to provide that if the laws of the home state of the out-of-state bank place more restrictive terms or conditions on Kentucky banks seeking to acquire or merge with a bank in the home state of the out-of-state bank, the interstate merger may be allowed in Kentucky only under substantially the same terms and conditions as applicable to Kentucky state banks in the home state of the out-of-state bank.

     Jan 20-introduced in House
     Jan 21-to Banking and Insurance (H)
     Jan 22-posted in committee
     Jan 27-posting waived
     Jan 28-reported favorably, 1st reading, to Calendar
     Jan 29-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Friday, January 30, 2004
     Feb 2-3rd reading, passed 92-0
     Feb 3-received in Senate
     Feb 6-to Banking and Insurance (S)
     Feb 25-reported favorably, 1st reading, to Consent Calendar
     Feb 26-2nd reading, to Rules
     Mar 4-posted for passage in the Consent Orders of the Day for Tuesday, March 9, 2004
     Mar 9-3rd reading, passed 37-0; received in House
     Mar 10-enrolled, signed by each presiding officer; delivered to Governor
     Mar 22-signed by Governor (Acts ch. 13)

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