Old | New | Differences | |
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1 | 1 | ||
2 | 2 | ||
3 | 3 | HB 543 2024 | |
4 | 4 | ||
5 | 5 | ||
6 | 6 | ||
7 | 7 | CODING: Words stricken are deletions; words underlined are additions. | |
8 | 8 | hb0543-00 | |
9 | 9 | Page 1 of 1 | |
10 | 10 | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S | |
11 | 11 | ||
12 | 12 | ||
13 | 13 | ||
14 | 14 | A bill to be entitled 1 | |
15 | 15 | An act relating to boards of directors of banks; 2 | |
16 | 16 | amending s. 658.33, F.S.; disqualifying certain 3 | |
17 | 17 | persons from serving on the board of directors of a 4 | |
18 | 18 | bank under certain circumstances; providing an 5 | |
19 | 19 | effective date. 6 | |
20 | 20 | 7 | |
21 | 21 | Be It Enacted by the Legislature of the State of Florida: 8 | |
22 | 22 | 9 | |
23 | 23 | Section 1. Present subsections (2) through (5) of section 10 | |
24 | 24 | 658.33, Florida Statutes, are redesignated as subsections (3) 11 | |
25 | 25 | through (6), respectively, and a new subsection (2) is added to 12 | |
26 | 26 | that section, to read: 13 | |
27 | 27 | 658.33 Directors, number, qualifications; officers. — 14 | |
28 | 28 | (2) If a person has previously served on a board of 15 | |
29 | 29 | directors of a bank doing business in this state which became 16 | |
30 | 30 | insolvent, such person is disqualified from serving on the board 17 | |
31 | 31 | of directors of another bank for 5 years after the date the 18 | |
32 | 32 | previous bank became insolvent. 19 | |
33 | 33 | Section 2. This act shall take effect July 1, 2024. 20 |