2002 Regular Session

SENATE BILL 385

File Code: Financial Institutions Crossfiled with: HOUSE BILL 830
Sponsored By:
Senator Astle
Entitled:
Banking Institutions - Truncated Accounts

Synopsis:

Repealing specified provisions of law requiring banking institutions offering truncated checking accounts to also offer customers a specified checking account plan and to provide specified information to a customer opening a truncated checking account; clarifying that a request by a customer with a truncated account for return of a check must be in writing; altering the number of checks that a banking institution must return to a customer with a truncated account under specified circumstances; etc.

History by Legislative Date

Senate Action
1/30
First Reading Finance
2/6
Hearing 3/12 at 1:00 p.m.
2/26
Hearing cancelled
Hearing 3/13 at 1:00 p.m.
3/22
Unfavorable Report by Finance
House Action
No Action
Bill indexed under the following Subjects:
BANKS AND TRUST COMPANIES
CHECKS
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
Bill affects the following Statute:
Financial Institutions
( 5-513 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered