E Relating to commerce; modifying certain provisions regulating + financial institutions; modifying the frequency requirement for commissioner of+ commerce financial institution and debt prorating service investigations; +eliminating the requirement for applicants for the organization or relocation of + banks to mail copies of the notice of application or relocation to banks +within a certain number of miles of the proposed bank location; permitting +financial institutions to close at noon on Christmas or New Years eve days, +posted notice requirement; modifying certain provisions regulating advertising for +electronic financial terminals and loans to bank directors, officers, employees +or agents and certain security requirements for total loans to obligors; +modifying the forfeiture law for individual deferred life insurance annuity +contracts; authorizing the use of local government unit unrated general +obligation securities as collateral for the deposit or investment of local +public funds in lieu of corporate surety bonds and modifying the required amount of +collateral required for certain irrevocable standby letters of credit; modifying+ residency requirements for members of boards of directors of financial +corporations and eliminating the time restriction on voting on recently transferred +stock; repealing certain rules regulating delinquent loans, officer or +employee overdrafts and credit union select groups identification(je ja)