§ 410 State Banking Account Conversion

• •The State Banking Fund is now called the State Banking Account.
• •All the money and stuff from the old fund moved to the new account.
• •Any debts the old fund had also moved to the new account.

Imagine you have a piggy bank at home, and you decide to move all your money and toys into a new, bigger piggy bank.

Just like moving your stuff to a new piggy bank, the law moved all the money and debts from the old State Banking Fund to the new State Banking Account.