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S04305 Summary:
| BILL NO | S04305 |
| SAME AS | SAME AS A07096 |
| SPONSOR | GRIFFO |
| COSPNSR | |
| MLTSPNSR | |
| Add S12-b, Bank L | |
| Authorizes state chartered banking institutions to pledge investment grade corporate bonds to secure state and municipal deposits; also authorizes the pledging of municipal bonds having a maturity of more than 5 years. | |