Bill Text: MA H969 | 2009-2010 | 186th General Court | Introduced
Bill Title: Certain regulations of the Division of Banks
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2010-03-03 - Bill reported favorably by committee and referred to the House Committee On Ways and Means [H969 Detail]
Download: Massachusetts-2009-H969-Introduced.html
The Commonwealth of Massachusetts
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PRESENTED BY:
Ronald Mariano
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To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
��������������� Court assembled:
��������������� The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relative to certain regulations of the division of banks.
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PETITION OF:
|
Name: |
District/Address: |
|
Ronald Mariano |
3rd Norfolk |
The Commonwealth of
Massachusetts
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In the Year Two Thousand and Nine
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An Act relative to certain regulations of the division of banks.
��������������� Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
SECTION 1.� Chapter 167 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended in section 2A by striking out the last two paragraphs.
SECTION 2.� The second paragraph of section 14 of chapter 167 of the General Laws, as so appearing, is hereby amended by striking out the last sentence.
SECTION 3. Section 14 of� chapter 167 of the General Laws, as so appearing, is hereby amended by striking out the third paragraph.
SECTION 4.� Paragraph 31 of section 2 of chapter 167F of the General Laws, as so appearing , is hereby amended by the striking out the second paragraph and inserting in place thereof the following paragraph:
����������� The commissioner shall file the proposed regulation, amendment or repeal with the clerk of the house of representatives, together with a statement that the pertinent provisions of said chapter thirty A have been complied with and a summary of the regulations in layman�s terms.� The clerk shall refer such filing to the joint committee on financial services within five days of the filing thereof.� No such regulation shall take effect until 45 days after it has been so filed with said clerk.�
SECTION 5.� Section 34C of chapter 168 of the General Laws, as so appearing is hereby amended by striking out the fifth, sixth, seventh, and eighth paragraphs.
SECTION 6.� Section 26C of chapter 170 of the General Laws as so appearing, is hereby amended by striking out the fifth, sixth, seventh and eighth paragraphs.
SECTION 7.� Section 6A of chapter 171 of the General Laws, as so appearing, is hereby amended by striking out the second paragraph and inserting in place thereof the following paragraph:
����������� Said commissioner shall file the proposed regulation, amendment or repeal with the clerk of the house of representatives, together with a statement that the pertinent provisions of said chapter 30A have been complied with and a summary of the regulations in layman�s terms.� Said clerk shall refer such filing to the joint committee on financial services within five days of the filing thereof.� No such regulation shall take effect until 45 days after it has been so filed with said clerk.
