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MO SB13

MO SB13
Modifies provisions relating to financial institutions


summary

Introduced
01/04/2023
In Committee
05/10/2023
Crossed Over
02/23/2023
Passed
05/12/2023
Dead
Signed/Enacted/Adopted
06/07/2023

Introduced Session

2023 Regular Session

Bill Summary

Modifies provisions relating to financial institutions

AI Summary

This bill modifies provisions relating to financial institutions. It expands the authority of the Division of Finance to oversee certain financial services businesses, allows the Director of Finance to issue bulletins and industry letters, changes the composition and operations of the State Banking and Savings and Loan Board, modifies examination requirements for certain banks and trust companies, and increases various licensing fees for financial institutions, credit services organizations, and lenders offering short-term loans. Overall, the bill aims to update and clarify the regulatory framework for various financial services businesses in the state.

Committee Categories

Business and Industry, Government Affairs

Sponsors (2)

Last Action

Signed by Governor (on 06/07/2023)

bill text


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