S1014: Public Records/State Banks and State Trust Companies

Legislative Summary

Providing an exemption from public records requirements for certain information received by the Office of Financial Regulation relating to an application for authority to organize a new state bank or new state trust company; providing an exemption from public records requirements for certain information received by the office relating to an application for authority to organize a new state bank or new state trust company until specified conditions are met; providing for future legislative review and repeal of the exemptions; providing a statement of public necessity, etc.