Bill
SSB 1034
Overview: SSB 1034, A bill for an act relating to bank utilization of filing services offered by the secretary of state, was introduced on January 22, 2025. The bill has been appro
Overview: SSB 1034, A bill for an act relating to bank utilization of filing services offered by the secretary of state, was introduced on January 22, 2025. The bill has been approved by the committee and renumbered as SF 166.
Purpose and Intent: The main purpose of this bill is to address the use of filing services provided by the Secretary of State's office by banks and other financial institutions.
Key Provisions:
- Allows banks and other financial institutions to utilize the filing services offered by the Secretary of State's office
- Establishes requirements and procedures for banks and financial institutions to use these filing services
Affected Parties and Impacts: This bill would primarily affect banks and other financial institutions, as it would provide them with the option to use the Secretary of State's filing services. This could streamline certain administrative and compliance-related processes for these institutions.
Procedural and Timeline Considerations: The bill has been approved by the committee and renumbered as SF 166, indicating it has progressed in the legislative process. The next steps would be further consideration and potential passage by the full legislature.
Compiled from official sources — confirm details with the bill’s official record.
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