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AN ACT relating to the regulation of financial institutions.

It became law on Apr 9, 2024.

KY HB 726 · House Bill · 2024RS

Stage
Became law
Started in
House
Sponsor
Michael Meredith
Latest action
Apr 9, 2024

What it does

Amend various sections of Subtitles 1, 2, and 3 of KRS Chapter 286, the financial services code, to consolidate statutes; make technical corrections; make numerous revisions to the required banking experience of the financial institutions commissioner; the Financial Institutions Board; prohibited practices of financial institution examiners; application of chapter to national bank or federal savings association operating subsidiaries; examination of safe deposit boxes; transaction of business by foreign financial institutions; banking definitions; the transaction of banking or trust business in this state; state bank and trust company charter requirements; national bank parity…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Apr 9, 2024

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Kentucky. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

AN ACT relating to the regulation of financial institutions. | 52