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SB 2383·MS·senate

Banks and banking; revise various definitions, procedures and provisions related to.

Signed into LawFiled Jan 19, 2026
Sponsor: Johnson
Latest Action

Approved by Governor

Mar 13, 2026

Summary

The bill revises how electronic terminals and interactive teller machines are defined and gives banks discretion to set fees for them. It tightens dividend approvals, changes the process for renewing or amending bank charters, and authorizes state‑chartered banks to invest in community and economic development projects. These changes aim to modernize banking services, protect bank safety, and expand financing for local development.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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