Banks and Financial Institutions - As introduced, increases, from 24 hours to 48 hours, the time that a state bank has to report to the commissioner of financial institutions any change in chief executive officers. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 12; Title 45; Title 46; Title 47; Title 48; Title 50; Title 61; Title 62; Title 65; Title 66 and Title 68.

Summary

The bill changes Tennessee law so that a state‑chartered bank must notify the commissioner of financial institutions of any chief executive officer change within 48 hours instead of 24. It updates the relevant code sections and takes effect immediately. The measure has cleared the Senate and awaits further action.

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

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