Page 12 - Flipbook for non-members

15) Protected banks re delinquent dads/moms (best bill in U.S. for banks: liability exemption,
reimbursement, minimized record matching and government reporting, lien notices, banks’
setoff of funds in bank),
16) Modernized statutes to facilitate prosecution of fraud across several jurisdictions,
17) Restricted ability of commercial companies like Wal-Mart from owning Colorado industrial
banks,
18) Innovated a law to block Wal-Mart ILC lending or deposit taking at any Colorado location,
19) Identified critical issues regarding third party examiners for unclaimed property,
20) Forged proactive resolution of predatory lending (to block future bad bills, “proactively
defensive”),
21) Adopted UCC Revised Article 9 (secured transactions) in challenging circumstances in good
form,
22) Exempted banks from no call law,
23) Established privacy study TF (to block new state privacy laws, by being “proactively
defensive”),
24) Limited Y2K liability,
25) Enacted intrastate branch banking and interstate banking and branching,
26) Precluded unfiled liens (requiring local governments to file liens previously unrecorded),
27) Achieved full authority for banks to sell insurance,
28) Protected credit insurance (very attractive commissions),
29) Revised lien release law to facilitate HELOCs when paid to zero,
30) Allowed substituting imaging for original documents,
31) Permitted merger of trust departments, and
32) Created efficient interstate transfer of fiduciary business.

Many of these initiatives have been copied in numerous other states.