Amendment SA107-AB150

LRBb1433/1

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1995 - 1996 LEGISLATURE

SENATE AMENDMENT 107, To 1995 ASSEMBLY BILL 150

June 27, 1995 - Offered by Senator Wineke.

AB150-SA107,1,1 At the locations indicated, amend the engrossed bill as follows:

AB150-SA107,1,2 1. Page 2004, line 10: after that line insert:

AB150-SA107,1,3 " Section 6189m. 221.59 of the statutes is created to read:

AB150-SA107,1,4 221.59 Interstate mergers. (1) Definitions. In this section:

AB150-SA107,1,5 (a) "Bank" has the meaning given in 12 USC 1813 (a) (1).

AB150-SA107,1,6 (b) "Home state" has the meaning given in 12 USC 1831u (f) (4).

AB150-SA107,1,7 (c) "In-state bank" means any bank whose home state is this state.

AB150-SA107,1,8 (d) "Out-of-state bank" means any bank whose home state is not this state.

AB150-SA107,1,12 (2) Prohibition on interstate mergers. Notwithstanding s. 221.58, beginning on the effective date of this subsection .... [revisor inserts date], any merger involving at least one in-state bank and at least one out-of-state bank is expressly prohibited, within the meaning of 12 USC 1831u (a) (2).".

AB150-SA107,1,13 (End)