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Proposition Prop. 4 - The constitutional amendment to provide that a bank may offer full service banking at more than one location within the city or county where its principal facility is located, subject to limitations and restrictions provided by law.

Outcome: Adopted

Election date: 11/04/1986

Votes for: 1,942,095
Votes against: 707,818

Enabling legislation
SB 10 (69 2nd C.S.) Relating to the banking industry, to authorization of limited branch banking, and to certain bank holidays.

Articles affected Article 16 : Amends §16 (a) and (c)    Adds §16 (d), (e) and (f)   

Analyses of proposed amendments:
House Research Organization Amendments Proposed for the November 4, 1986 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 4, 1986 election.

Effective dates
Unless otherwise specified, an amendment takes effect as part of the constitution on the date of the official canvass of election returns showing adoption of the amendment.


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