HOUSE BILL REPORT

HB 1729

BYRepresentatives Dellwo, Chandler, Crane and Doty; by request of Department of General Administration

Cleaning up provisions of Title 30 RCW.

House Committe on Financial Institutions & Insurance

Majority Report:  Do pass.  (12)

      Signed by Representatives Dellwo, Chair; Zellinsky, Vice Chair; Chandler, Ranking Republican Member; Anderson, Baugher, Crane, Dorn, Inslee, Nutley, Schmidt, K. Wilson and Winsley.

House Staff:John Conniff (786-7119)

AS PASSED HOUSE MARCH 6, 1989

BACKGROUND:

In the past several years, the Legislature has modified various provisions of the bank code and has added or deleted sections of the code.  As a result, internal references in the bank code cite sections that either no longer exist or have been substantially changed.

SUMMARY:

Several technical amendments are made to the bank code correcting internal references.

Fiscal Note:      Not Requested.

House Committee ‑ Testified For:    Tom Oldfield, Supervisor of Banking; and Keith Hopper, Counsel, Washington Bankers Association.

House Committee - Testified Against:      None Presented.

House Committee - Testimony For:    These changes are technically necessary to correct internal references in the bank code.

House Committee - Testimony Against:      None Presented.