COMMITTEE ON COMMERCE
HOUSE OF REPRESENTATIVES AMENDMENTS TO H.B. 2203
(Reference to printed bill)
Strike everything after the enacting clause and insert:
"Section 1. Section 6-330, Arizona Revised Statutes, is amended to read:
6-330. Rights, powers and privileges of out-of-state banks
Except as prohibited by federal law, an out-of-state bank that has a banking office doing business in this state, including any special purpose depository institution that is chartered as a bank, has all of the rights, powers and privileges and is entitled to the same exemptions and immunities as a comparable in-state financial institution that holds a permit under this title and is subject to all of the provisions of this title to the same extent as a comparable in-state financial institution."
Amend title to conform