S 2113 · 98th Congress · Finance and Financial Sector

Interstate Banking Act of 1983

Introduced 1983-11-17· Sponsored by Sen. Mattingly, Mack [R-GA]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Banking received executive comment from Federal Home Loan Bank Board.(1984-03-21)

Plain Language Summary

[AI summary unavailable — showing source text] Interstate Banking Act of 1983 - Amends specified Federal banking laws to: (1) permit a bank to operate out-of-State if the foreign State's statutory law specifically grants such authority; and (2) provide that in considering bank acquisitions, mergers, or reorganizations effect shall be given to any State laws authorizing such activities by out-of-State banks.…

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