(1) A bank may provide any services to any person or entity licensed in this state to engage in the business of medical cannabis, or with any person or entity engaging in business dealings with such licensee, if the bank provides those services to any other business. (2) A bank and its officers, directors, agents and employees shall not be held liable pursuant to any state law or regulation solely for: (a) Providing financial services to a licensed medical cannabis establishment; or (b) Investing any income derived from providing financial services to a licensed medical cannabis establishment. (3) Nothing in this section shall require a bank to provide financial services to a licensed medical cannabis establishment. Added by Laws, 2022, ch. 303, SB 2095,§ 27, eff. 2/2/2022. (1) A bank may provide any services to any person or entity licensed in this state to engage in the business of medical cannabis, or with any person or entity engaging in business dealings with such licensee, if the bank provides those services to any other business. (2) A bank and its officers, directors, agents and employees shall not be held liable pursuant to any state law or regulation solely for: (a) Providing financial services to a licensed medical cannabis establishment; or (b) Investing any income derived from providing financial services to a licensed medical cannabis establishment. (3) Nothing in this section shall require a bank to provide financial services to a licensed medical cannabis establishment. Added by Laws, 2022, ch. 303, SB 2095,§ 27, eff. 2/2/2022. (1) A bank may provide any services to any person or entity licensed in this state to engage in the business of medical cannabis, or with any person or entity engaging in business dealings with such licensee, if the bank provides those services to any other business. (2) A bank and its officers, directors, agents and employees shall not be held liable pursuant to any state law or regulation solely for: (a) Providing financial services to a licensed medical cannabis establishment; or (b) Investing any income derived from providing financial services to a licensed medical cannabis establishment. (3) Nothing in this section shall require a bank to provide financial services to a licensed medical cannabis establishment. Added by Laws, 2022, ch. 303, SB 2095,§ 27, eff. 2/2/2022. (1) A bank may provide any services to any person or entity licensed in this state to engage in the business of medical cannabis, or with any person or entity engaging in business dealings with such licensee, if the bank provides those services to any other business. (2) A bank and its officers, directors, agents and employees shall not be held liable pursuant to any state law or regulation solely for: (a) Providing financial services to a licensed medical cannabis establishment; or (b) Investing any income derived from providing financial services to a licensed medical cannabis establishment. (a) Providing financial services to a licensed medical cannabis establishment; or (b) Investing any income derived from providing financial services to a licensed medical cannabis establishment. (3) Nothing in this section shall require a bank to provide financial services to a licensed medical cannabis establishment.
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