Senate Amendment 5121 PAG LIN 1 1 Amend Senate File 2302 as follows: 1 2 #1. Page 1, by inserting before line 1 the 1 3 following: 1 4 <Sec. . Section 535B.2, subsection 1, Code 1 5 2007, is amended to read as follows: 1 6 1. A bank, bank holding company, savings bank, 1 7 savings and loan association, or credit union 1 8 organized under the laws of this state, another state, 1 9 or the United States, or a subsidiary or affiliate of 1 10 such a bank, bank holding company, savings bank, 1 11 savings and loan association, or credit union. 1 12 Additionally, a bank, bank holding company, savings 1 13 bank, savings and loan association, or credit union 1 14 organized under the laws of this state, another state, 1 15 or the United States, or a subsidiary or affiliate of 1 16 such a bank, bank holding company, savings bank, 1 17 savings and loan association, or credit union shall be 1 18 subject to the duty of agency provisions of section 1 19 535B.18.> 1 20 #2. Title page, line 2, by inserting after the 1 21 word <brokers> the following: <, specifying that an 1 22 exemption otherwise applicable for specified banks, 1 23 credit unions, and related entities or organizations 1 24 shall not apply,>. 1 25 #3. By renumbering as necessary. 1 26 1 27 1 28 1 29 DICK L. DEARDEN 1 30 SF 2302.502 82 1 31 rn/nh/20718 1 32 1 33 1 34 1 35 1 36 1 37 1 38 1 39 1 40 1 41 1 42 1 43 1 44 1 45 1 46 1 47 1 48 1 49 1 50 -1-