Senate panel advances SB 139 to fix definitions and trust-company language in state banking code

Feb 17, 2025

Senate Bill 139, largely technical fixes to the state banking code and trust-company provisions, was presented to the Senate Committee on Financial Institutions and Insurance and moved forward without amendments.

The full story

The Senate Committee on Financial Institutions and Insurance moved Senate Bill 139 favorably out of committee. Committee staff described SB 139 as containing corrections to definitions, terms and conditions in the state banking code and provisions concerning trust companies that the Office of the State Bank Commissioner had been working on.

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