2006 Regular Session

HOUSE BILL 959

File Code: Financial Institutions Crossfiled with: SENATE BILL 747
Sponsored By:
Delegates Minnick, Feldman, Love, and Moe
Entitled:
Financial Institutions - Certificates of Deposit - Claims for Payment

Synopsis:

Establishing a specified limitations period on actions to enforce an obligation of a depository institution to pay specified certificates of deposit; altering the limitations period on actions to enforce an obligation of a depository institution to pay negotiable certificates of deposit; and applying the Act.

History by Legislative Date

House Action
2/9
First Reading Economic Matters
Hearing 2/14 at 1:00 p.m.
2/10
Hearing cancelled
Hearing 2/28 at 1:00 p.m.
3/13
Favorable Report by Economic Matters
3/14
Favorable Report Adopted
Second Reading Passed
3/16
Third Reading Passed (139-0)
3/31
Returned Passed
Senate Action
3/17
First Reading Finance
Hearing 3/28 at 1:00 p.m.
3/30
Favorable Report by Finance
3/29
Special Order 3/31 (Senator Kelley) Adopted
Favorable Report Adopted
Second Reading Passed
3/30
Third Reading Passed (33-0)
Action after passage in House and Senate
5/26
Governor vetoed - Duplicative

Sponsored by:

Delegate Joseph J. Minnick, District 6
Delegate Brian J. Feldman, District 15
Delegate Mary Ann E. Love, District 32
Delegate Brian R. Moe, District 21

Bill indexed under the following Subjects:

BANKS AND TRUST COMPANIES
CIVIL ACTIONS -see also- SMALL CLAIMS
COMMERCIAL PAPER -see also- CHECKS
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
INVESTMENTS -see also- SECURITIES
STATUTES OF LIMITATION

Bill affects the following Statutes:

Commercial Law
( 3-118 )
Financial Institutions
( 1-210 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
House
March 16, 2006: Third Reading Passed (139-0)
Senate
March 30, 2006: Third Reading Passed (33-0)