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Withdrawn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