Legislative Session number- 82

Bill Name: SF1066

E Relating to financial institutions; increasing the property investment
authority of banks, trust companies, savings banks or stock savings
associations; expanding the definition of extension of the main banking house
under detached banking facilities provisions to unstaffed after hour depository
drop boxes at any location; eliminating certain bank stockholder list
maintenance and filing requirements; expanding exceptions to the prohibition on
liens or charges against assets; increasing the authority of state banks and
trust companies to invest in subsidiaries, modifying the definition of
subsidiary; increasing the amount allowed to be retained by the commissioner of
commerce for investigation of regulated lender license applications in license
denial cases; regulating mortgage originator rates and charges and expanding
recordkeeping requirements to advertisements, defining advertisement; modifying
the time limit for mortgage originator nonagency disclosures to borrowers (ra,
ja)