Providing that fiduciary financial institutions shall be overseen, supervised and examined by the office of the state bank commissioner as a chartered trust company, allowing a fiduciary financial institution to refer to itself as a trust company in legal or regulatory filings or disclosures to existing or prospective customers or investors and authorizing a fiduciary financial institution to exercise fiduciary powers and full trust powers and to engage as a trust company under state and federal law.
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
- Stage
- Session ended
- Started in
- House
- Latest action
- Apr 30, 2024
Where it stands
Introduced (Done)
Committee (Done)
Floor (Current step)
Law (Needs attention)
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
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