1114-S AMH RODN PERR 044

SHB 1114 - H AMD 52

By Representative Rodne

ADOPTED 3/6/2007

   On page 1, line 6, strike "or" and insert ","

   On page 1, line 7, after "law" insert ", or who are not a financial institution"

   On page 1, line 14, after "law" insert "or who are not a financial institution"

   On page 2, line 24, after "(3)" insert ""Financial institution" means a bank holding company registered under federal law, or a bank, trust company, mutual savings bank, savings bank, savings and loan association or credit union organized under state or federal law, or any affiliate, subsidiary, officer or employee of a financial institution.

   (4)"

   On page 3, after line 3, insert "(4) This chapter does not apply to any financial institution."

EFFECT: Exempts financial institutions from the act.