AN ACT AUTHORIZING THE BANKING COMMISSIONER TO GRANT CERTIFICATES TO ESTABLISH LIMITED PURPOSE TRUST COMPANIES.
To (1) allow for the establishment of limited purpose trust companies that conduct only trust and fiduciary business, and (2) exempt such companies from certain banking regulations.
Introduced by:
Sen. Paul Honig, 8th Dist.| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Proposed Bill [doc] |
Co-sponsors for Amendment LCO:
Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 1/22/2025 | Referred to Joint Committee on Public Safety and Security |
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