The bill "Boards of Directors of Banks" aims to regulate the composition and responsibilities of boards of directors in banks. It includes provisions such as specifying qualifications for board members, establishing governance standards, and outlining duties related to risk management and compliance. The bill seeks to enhance oversight, transparency, and accountability within bank leadership to promote sound financial practices and protect stakeholders' interests.
2023-11-20: Filed
2023-11-30: Referred to Insurance & Banking Subcommittee
2023-11-30: Referred to State Administration & Technology Appropriations Subcommittee
2023-11-30: Referred to Commerce Committee
2023-11-30: Now in Insurance & Banking Subcommittee
2024-01-09: 1st Reading (Original Filed Version)
2024-02-02: Added to Insurance & Banking Subcommittee agenda
2024-02-06: Favorable by Insurance & Banking Subcommittee
2024-02-06: Reported out of Insurance & Banking Subcommittee
2024-02-06: Now in State Administration & Technology Appropriations Subcommittee
2024-03-08: Died in State Administration & Technology Appropriations Subcommittee
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