Dave Sullivan
- Republican
Amends the Currency Exchange Act. Provides that a community currency exchange licensed under the Currency Exchange Act may meet the bonding requirements of the Act by submitting evidence satisfactory to the Secretary of Financial and Professional Regulation that the licensee is covered by a blanket bond that covers multiple licensees. Requires the blanket bond to: (i) insure the licensee against loss by theft, robbery, or forgery; (ii) be issued by a bonding company authorized to do business in this State; and (iii) be in the principal sum of an amount equal to the maximum amount required for any one licensee covered by the bond.
Public Act . . . . . . . . . 94-0538
Governor Approved
Effective Date January 1, 2006
Sent to the Governor
Third Reading - Short Debate - Passed 113-000-000
Passed Both Houses
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Financial Institutions Committee; 023-000-000
Re-assigned to Financial Institutions Committee
Assigned to Executive Committee
Referred to Rules Committee
Third Reading - Passed; 057-000-000
Arrived in House
Placed on Calendar Order of First Reading
Chief House Sponsor Rep. Joseph M. Lyons
First Reading
Placed on Calendar Order of 3rd Reading April 8, 2005
Second Reading
Placed on Calendar Order of 2nd Reading April 6, 2005
Do Pass Financial Institutions; 008-000-000
Assigned to Financial Institutions
First Reading
Referred to Rules
Filed with Secretary by Sen. Dave Sullivan
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act |
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