House Journal: Page 946: Monday, March 25, 2002
42 12. Page 6, lines 2 and 3, by striking the words
43 "and the pledging of securities".
44 13. By inserting after page 6, line 4, the
45 following:
46 " . Agreement by the bank to pledge collateral
47 as required by section 12C.22."
48 14. Page 6, line 5, by striking the word
49 "securities" and inserting the following: "the
50 collateral".
Page 5
1 15. Page 6, line 14, by striking the word
2 "certificates" and inserting the following:
3 "certificates certificate".
4 16. Page 6, line 19, by inserting after the word
5 "state" the following: "under subsection 3".
6 17. Page 6, lines 21 and 22, by striking the
7 words "regulatory officials" and inserting the
8 following: "regulatory officials state or federal
9 regulator".
10 18. Page 6, line 32, by striking the word "the"
11 and inserting the following: "a".
12 19. Page 6, line 33, by striking the word
13 "depositors" and inserting the following: "depositors
14 depositor".
15 20. Page 7, by striking lines 31 through 34, and
16 inserting the following: "total of uninsured public
17 funds deposits held by all banks and all branches of
18 out-of-state banks, based upon the average of the
19 uninsured public funds of the assessed bank or branch
20 of an out-of-state bank as of the end of the four
21 calendar quarters prior to the date of closing of the
22 closed bank and the average of the uninsured public
23 funds in all banks and branches of out-of-state banks
24 as of the end of the four calendar quarters prior to
25 the date of closing of the closed bank, excluding the
26 amount of uninsured public funds held by the closed
27 bank at the end of the four calendar quarters held by
28 the closed bank. Each bank".
29 21. Page 8, line 12, by striking the words "that
30 amount" and inserting the following: "the amount".
31 22. Page 8, by inserting after line 14 the
32 following:
33 "f. If the treasurer of state liquidates
34 collateral pledged by a bank, the bank shall within
35 three business days following receipt of notice from
36 the treasurer of state deposit additional collateral
37 to provide the collateral required under section
38 12C.22."
39 23. Page 8, line 15, by striking the letter "f."
40 and inserting the following: "g."
© 2002 Cornell College and
League of Women Voters of Iowa
Comments about this site or page?
hjourn@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Tue Mar 26 09:15:00 CST 2002
URL: /DOCS/GA/79GA/Session.2/HJournal/00900/00946.html
jhf