A bipartisan group of more than 20 attorneys general on Tuesday sent a letter to Congressional leadership urging them to pass the Secure and Fair Enforcement Regulation (SAFER) Banking Act. The bill passed the Senate Committee on Banking, Housing and Urban Affairs on Wednesday. In the letter, the attorneys general note that current federal law, which classifies […]
The SAFE Banking Act protected banks that chose to do business with legal cannabis companies. Under this act the financial institutions would not be subject to forfeiture for banking in cannabis. Learn about the SAFE Banking Act in these articles: