CHAPTER NO. 593

SENATE BILL NO. 2236

By Carter, Atchley

Substituted for: House Bill No. 2221

By Sargent, McDaniel

AN ACT To amend Tennessee Code Annotated, Section 45-2-1408(f), relative to the regulation of banks.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:

SECTION 1. Tennessee Code Annotated, Section 45-2-1408(f), is amended by inserting in the second sentence between the words "fees" and "may" the following words and punctuation:

, as well as a portion of the banking fee assessed on a Tennessee state bank that maintains one or more branches in other states,

SECTION 2. This act shall take effect upon becoming a law, the public welfare requiring it.

PASSED: February 23, 1998

APPROVED this 10th day of March 1998