S 1092 · 102th Congress · Finance and Financial Sector

A bill to permit national banking associations to establish and operate branches in States other than the States in which their main offices are located, subject to applicable State statutory law.

Introduced 1991-05-16· Sponsored by Sen. Kassebaum, Nancy Landon [R-KS]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking.(1991-05-16)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the McFadden Act to authorize a national banking association (subject to the approval of the Comptroller of the Currency) to establish and operate interstate branches if the laws of the relevant States explicitly permit such branches within their borders.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat