2006 Regular Session

SENATE BILL 747

CHAPTER NUMBER: 535 File Code: Financial Institutions Crossfiled with: HOUSE BILL 959
Sponsored By:
Senator Kelley
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

Senate Action
2/3
First Reading Finance
2/15
Hearing 2/28 at 1:00 p.m.
3/6
Favorable Report by Finance
3/7
Favorable Report Adopted
Second Reading Passed
3/9
Third Reading Passed (47-0)
4/3
Returned Passed
House Action
3/10
First Reading Economic Matters
3/14
Hearing 3/21 at 1:00 p.m.
4/5
Favorable Report by Economic Matters
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (135-0)
Action after passage in Senate and House
5/26
Became Law without Governor's signature per Maryland Constitution - Chapter 535

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):
Senate
March 9, 2006: Third Reading Passed (47-0)
House
April 2, 2006: Third Reading Passed (135-0)