summary
Introduced
01/04/2023
01/04/2023
In Committee
05/02/2023
05/02/2023
Crossed Over
03/30/2023
03/30/2023
Passed
05/12/2023
05/12/2023
Dead
Signed/Enacted/Adopted
07/06/2023
07/06/2023
Introduced Session
2023 Regular Session
Bill Summary
Creates new provisions relating to financial institutions
AI Summary
This bill creates a new provision in Missouri law that allows entities licensed or certified under Article XIV of the Missouri Constitution (related to the regulation of marijuana) to request in writing that state or local licensing authorities share the entity's application, license, or other regulatory and financial information with a banking institution. The banking institution's state and federal supervisory agencies may also receive this information. The entity must provide a waiver to authorize the transfer of confidential or privileged information, which the recipient must treat as confidential and use only for the purpose of providing financial services to the requesting entity. The entity may withdraw the waiver with 30 days' notice.
Committee Categories
Business and Industry, Government Affairs
Sponsors (3)
Last Action
Signed by Governor (on 07/06/2023)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...