HB2517 HB&I AMT 1-23
The Committee on Banking and Insurance moves to amend the bill
on page 1, line 10, by striking the title and inserting in lieu
thereof a new title, to read as follows:
"A BILL to amend and reenact §31A-8A-2 and §31A-8A-3
of the Code of
West Virginia, 1931, as amended, relating to establishing
requirements for a West Virginia state bank or a West Virginia
state bank holding company in control of a West Virginia state
bank to acquire an out-of state bank or bank holding company;
requiring that the application for the acquisition filed with
the appropriate federal regulator be filed with the
commissioner of banking prior to the acquisition; exceptions
for certain acquisitions involving a merger and establishment
of branches."
Adopted
Rejected