Amendment105th Congress
Amendment provides a 5 year sunset for the provisions contained in section 305 which allow a bank to sell insurance in a State that it is not currently selling in.
- Amendment Number
- 628
- Description
- Amendment provides a 5 year sunset for the provisions contained in section 305 which allow a bank to sell insurance in a State that it is not currently selling in.
- Purpose
- An amendment, printed as amendment No. 12 in part 2 of Hosue Report 105-531, to permit national banks and their subsidiaries to sell title insurance as agents. The amendment does not affect the prohibition on national banks' underwriting of title insurance.
- Congress
- 105
- Type
- HAMDT
- Latest Action Date
- May 13, 1998
- Latest Action Text
- On agreeing to the Moran (VA) amendment (A010) Agreed to by voice vote.
- Latest Action Time
- 20:16:22
- Submitted Date
- May 13, 1998
- Chamber
- House of Representatives
- Update Date
- Aug 15, 2021