SB734
Financial institutions; officers and directors.
Status:
In House
Latest Action:
Feb. 4, 2026
House: Referred to Committee on Labor and Commerce
Chief Patron:
Travis Hackworth (R)
Session:
2026 Regular Session
Summary
As Introduced. Financial institutions; officers and directors.
Permits the State Corporation Commission, upon petition, to permit an individual to serve as an officer or on the boards of directors of more than one financial institution if the Commission finds that the financial institutions are not in competition with each other or that one or both of the ... (More) institutions might otherwise be denied capable management or direction from an individual residing in or employed in the locality served by an institution. (Less)-
Bill History
- 01/16/2026 - Senate: Presented and ordered printed 26104585D
- 01/16/2026 - Senate: Referred to Committee on Commerce and Labor
- 01/25/2026 - Senate: Fiscal Impact Statement from State Corporation Commission (SB734)
- 01/26/2026 - Senate: Reported from Commerce and Labor (15-Y 0-N)
- 01/28/2026 - Senate: Rules suspended
- 01/28/2026 - Senate: Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
- 01/28/2026 - Senate: Passed by for the day Block Vote (Voice Vote)
- 01/28/2026 - Senate: Passed by for the day
- 01/29/2026 - Senate: Read second time
- 01/29/2026 - Senate: Engrossed by Senate (Voice Vote)
- 01/30/2026 - Senate: Read third time and passed Senate (38-Y 0-N 0-A)
- 02/04/2026 - House: Placed on Calendar
- 02/04/2026 - House: Read first time
- 02/04/2026 - House: Referred to Committee on Labor and Commerce
