SB 0193 | Missouri Opts Out of Interstate Branch Banking |
Sponsor: | Caskey | |||
LR Number: | S0838.01I | Fiscal Note: | 0838-01 | |
Committee: | Financial and Governmental Operations | |||
Last Action: | 01/27/97 - Hearing Conducted S Financial & Governmental Organiz. Com. | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 1997 | |||
SB 193 - With this act, the state of Missouri expressly opts
out of interstate branch banking. It prohibits mergers with out-
of-state banks, establishment or acquisition of a new branch bank
outside Missouri by a Missouri bank, or the establishment of a
branch of an out-of-state bank in Missouri. The provisions of
this bill shall terminate on August 28, 2000.
DENISE GARNIER