SB 165 (2003): relative to the voluntary dissolution of nondepository trust companies.
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@misc{bill-2003-sb165, title = {SB 165 (2003): relative to the voluntary dissolution of nondepository trust companies.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2003/sb165}, note = {Accessed 24 Oct. 2026} }
SB 165 (2003)
relative to the voluntary dissolution of nondepository trust companies.
- Status: Signed into law
- Term: 2003-2004
- House committee: Commerce
- Senate committee: Banks
- Subject: Miscellaneous
- Chapter law: 65
The Story
It was introduced on January 30, 2003 and referred to the Senate Banks committee. The committee held a public hearing on March 4, 2003. The committee recommended that the Senate pass it with changes (amendment 0593). The committee's amendment (0593) was adopted on a voice vote on March 13, 2003, changing the text of the bill. On March 13, 2003 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. On March 13, 2003 the Senate voted to pass it. It crossed to the House on March 13, 2003 and was referred to the House Commerce committee. The committee held a public hearing on April 1, 2003. The majority of the committee recommended that the House pass it unanimously, 15–0, and the report was placed on the consent calendar. On May 8, 2003 the House voted to pass it. The bill was enrolled on May 15, 2003 — the final check of the text before it goes to the governor. The governor signed it on May 27, 2003, making it Chapter 65 of the session laws. It took effect on July 26, 2003.
Sponsors
- Sen. Robert Flanders (R - SD7) (prime sponsor)
Hearings and Sessions
- March 4, 2003, 1:45 PM: hearing, Senate Banks, SH 103
- April 1, 2003, 10:30 AM: hearing, House Commerce, RM302,LOB
Votes
- March 13, 2003, Senate: Ought to Pass with Amendment — voice vote, passed
The Docket
- January 30, 2003: Introduced and Ref. to Banks
- March 4, 2003: Hearing; March 4, 2003, Room 103, SH, 2:00 p.m.; SC9
- March 4, 2003: Hearing; March 4, 2003, Room 103, SH, 1:45 p.m.; SC12
- March 7, 2003: Committee Report; Ought to Pass with Amendment{0593}, [03/13/03]; SC13, Pg.17-19
- March 13, 2003: Committee Amendment{0593}, AA, VV
- March 13, 2003: Ought to Pass with Amendment{0593}, MA, VV; OT3rdg
- March 13, 2003: Passed by 3rd Reading Resolution
- March 13, 2003: Introduced and ref to Commerce; HJ24, p630
- April 1, 2003: Hearing Apr 1 10:30 RM302,LOB
- April 15, 2003: Maj Report OTP for May 8 (Vote 15-0;CC)
- May 8, 2003: Passed
- May 15, 2003: Enrolled
- May 15, 2003: Enrolled
- May 27, 2003: Signed by the Governor on 5/27/2003 Eff- 7/26/2003 Chap- 0065