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SB 32, 54th R.S.
Relating to amending certain Acts so as to provide that any bank or trust company doing business in this State may, at its option, close for general banking purposes on Saturday or on any other weekday and that such day shall be deemed to be a legal holiday for all purposes unless such bank elects to perform limited banking services on such day; defining limited banking services; providing the manner in which such institutions shall designate such day and give public notice thereof; providing for non-liability as to any bank or trust company performing limited banking services or performing, or refusing to perform, any other banking services on such day; providing that such institutions shall not transact business on certain holidays; providing that it shall be unlawful for any bank or trust company to discriminate against or refuse its services to any bank or trust company electing to exercise any of the closing options; providing a saving clause.

Author: Rudolph A. Weinert
Coauthor: George M. Parkhouse | Doyle Willis

Subjects:
Financial--Banks


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