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