HB 143, 31st R.S.
Relating to providing for the more effective regulating and supervision of banks of deposit or discount, or both deposit and discount, and banking and trust companies in this State, organized under and by virtue of the provisions of Chapter 10 of the Acts of the First Called Session of the Twenty-ninth Legislature, and known as the State Banking Law, providing additional safeguards for the protection of depositors and other creditors of such institutions, providing that all such institutions shall be mutually liable, pro rata, for the payment of the liabilities of each such institution, to its guaranteed depositors, and defining the Guaranteed Deposits and the Guaranteed Depositors of such institutions; providing for the creation of a State Banking Board, and describing its powers and duties, etc.
Author: Jess Alexander Baker
Coauthor: Sam J. Jennings | Calvin Maples Cureton | John Allen Mobley, Sr.
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