This file contains UNDERSCORE. If you cannot see the UNDERSCORE attribute or would like to change how this attribute is displayed, please use the following form to make the desired change.

House Journal: Page 1487: Wednesday, April 12, 1995

The House resumed consideration of Senate File 320, a bill for
an act relating to the regulation of state banks and other
financial institutions by the division of banking of the
department of commerce, previously deferred and placed on the
unfinished business calendar.
Holveck of Polk offered the following amendment H-3514 filed by
him and moved its adoption:
H-3514
 1     Amend Senate File 320, as amended, passed, and
 2   reprinted by the Senate, as follows:
 3     1.  Page 8, line 30, by striking the words "the
 4   superintendent or".
 5     2.  Page 117, by inserting after line 6 the
 6   following:
 7     "Sec. ___.  Section 524.211, subsection 2C, as
 8   enacted in this Act, shall not apply to the individual
 9   who is serving as the superintendent of banking on
10   March 1, 1995."
11     3.  By renumbering as necessary.
A non-record roll call was requested.
The ayes were 17, nays 47.
Amendment H-3514 lost.
Holveck of Polk offered the following amendment H-3515 filed by
him and moved its adoption:
H-3515
 1     Amend Senate File 320, as amended, passed, and
 2   reprinted by the Senate, as follows:
 3     1.  Page 97, line 23, by inserting after the word
 4   "property." the following:  "If the plan provides that
 5   the shares of each bank are to be converted, in whole
 6   or in part, into cash or other property, the plan
 7   shall provide an option for converting such shares
 8   into shares, obligations, or other securities of the
 9   resulting bank or of any other corporation and that
10   the manner in which the shares are to be converted
11   under the plan shall be at the option of the
12   shareholder."
Amendment H-3515 lost.
Nutt of Woodbury moved that the bill be read a last time now and
placed upon its passage which motion prevailed and the bill was
read a last time.
On the question "Shall the bill pass?" (S.F. 320)

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 1)

© 1995 Cornell College and League of Women Voters of Iowa

Comments? hjourn@legis.iowa.gov.

Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/01400/01487.html
jhf