2011-2012 Regular Session - HB 898
Georgia Merchant Acquirer Limited Purpose Bank Act; enact
Sponsored By
Sponsored In Senate By
Committees
First Reader Summary
A BILL to be entitled an Act to amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to enact the "Georgia Merchant Acquirer Limited Purpose Bank Act"; to provide for definitions; to provide for organization and control of merchant acquirer limited purpose banks; to provide for the promulgation of rules and regulations; to prohibit certain fees; to provide for requirements for articles of incorporation by merchant acquirer limited purpose banks; to provide for minimum requirements to operate as a merchant acquirer limited purpose bank; to provide for permissible activities of a merchant acquirer limited purpose bank; to provide for enforcement of rules and regulations; to provide for related matters; to repeal conflicting laws; and for other purposes.
Status History
Mar/28/2012 - Effective Date
Mar/28/2012 - Act 435
Mar/28/2012 - House Date Signed by Governor
Mar/28/2012 - House Sent to Governor
Mar/27/2012 - House Agrees Senate Amend or Sub
Mar/26/2012 - Senate Passed/Adopted By Substitute
Mar/26/2012 - Senate Third Read
Mar/21/2012 - Senate Read Second Time
Mar/20/2012 - Senate Committee Favorably Reported By Substitute
Mar/05/2012 - Senate Read and Referred
Feb/29/2012 - House Passed/Adopted By Substitute
Feb/29/2012 - House Third Readers
Feb/23/2012 - House Committee Favorably Reported By Substitute
Feb/07/2012 - House Second Readers
Feb/06/2012 - House First Readers
Feb/03/2012 - House Hopper
Footnotes
2/29/2012 Modified Structured Rule
Votes
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