2007 Regular Session

HOUSE BILL 959

File Code: Financial Institutions
Sponsored By:
Delegate Valderrama
Entitled:
Banking Institutions - Dishonored Checks - Fees

Synopsis:

Prohibiting a banking institution from charging a fee to a customer for an overdraft on the customer's checking account that results from the customer's reasonable reliance on a specified representation made by an employee or agent of the banking institution.

History by Legislative and Calendar Date

House Action
2/9
First Reading Economic Matters
2/14
Hearing 3/1 at 1:00 p.m.
3/13
Withdrawn
Senate Action
No Action

Bill indexed under the following Subjects:

Banks and Trust Companies
Checks
Consumer Protection -see also- Unfair Trade Practices
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Financial Institutions -see also- Banks; Credit Unions; etc.

Bill affects the following Statute:

Financial Institutions
( 5-514 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered