Adopted by House 1-29-08
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."