SB 405 - Financial Institutions; procedures/regulation
(1) Cheeks,Don 23rd (2) Stephens,Bill 51st
SC: B&FI HC: B&B 05/13/04 - Senate Date Signed by Governor

First Reader Summary

A BILL to be entitled an Act to amend Chapter 1 of Title 7 of the Official Code of Georgia Annotated, relating to financial institutions, so as to provide for financial institutions to offer financial services to customers consistent with procedures of the Department of Banking and Finance; to authorize the department to enter into agreements with other regulatory authorities; to authorize loan officers to serve as credit committees; to prohibit licensing of certain persons convicted of certain crimes; to increase the record-keeping time requirement; to change a certain definition; to require financial institutions and money service businesses to comply with federal law; to establish requirements for regulation for mortgage lenders and brokers; to provide for related matters; to repeal conflicting laws; and for other purposes.


Electronically Recorded Votes
Date Time Vote No Yeas Nays NV Exc Description
2/02/04 02:04 PM Senate V0662 050 000 003 003 PASSAGE BY SUBSTITUTE
3/24/04 11:28 AM House V1054 166 002 008 004 PASS

Bill History
Date Action
01/13/04Senate Read and Referred
01/29/04Senate Committee Favorably Reported
01/30/04Senate Read Second Time
02/02/04Senate Third Read
02/02/04Senate Passed/Adopted
02/03/04House First Readers
02/05/04House Second Readers
02/23/04House Committee Favorably Reported
03/24/04House Third Readers
03/24/04House Passed/Adopted
04/22/04Senate Sent to Governor
05/13/04Act 517
05/13/04Senate Date Signed by Governor

Versions
As introduced LC 34
Committee sub LC 34
As passed Senate
AP

Georgia General Assembly
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06/23/2004 10:02