Amends bank record retention regulations to update language and clarify requirements for state chartered banks.
The bill amends the regulations of the State Board of Financial Institutions to update and clarify the record retention requirements for state chartered banks, savings banks, savings and loan associations, and trust companies. The changes aim to address outdated language and simplify the current regulations. This joint resolution takes effect upon approval by the Governor.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.