Legislation

Title: Financial Institutions - Single-Party and Multiple-Party Accounts - Right to Funds on Death of a Party
Sponsored by: The Speaker (By Request - Office of the Attorney General)
Status: In the House - Withdrawn by Sponsor
Analysis: Fiscal and Policy Note

Synopsis

Requiring that funds in a specified account be transferred on the death of a party to the account to the deceased party's estate; requiring that agreements for specified accounts opened on or after October 1, 2016, contain specified provisions; requiring a depository institution, for specified accounts, to give the account party or parties a specified form; requiring that specified materials be given to a party or parties before a depository institution establishes a specified type of account or modifies a specified account; etc.

Committees

Original:: Economic Matters

Details

Cross-filed with: SB0772

Bill File Type: Regular

Effective Date(s): October 1, 2016

History

Legislation History
Chamber House Calendar Date 2/11/2016 Legislative Date 2/12/2016 Action First Reading Economic Matters Proceedings
Chamber House Calendar Date 2/11/2016 Legislative Date 2/11/2016 Action Hearing 3/02 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/01/2016 Legislative Date 3/01/2016 Action Hearing cancelled Proceedings
Chamber House Calendar Date 3/07/2016 Legislative Date 3/08/2016 Action Unfavorable Report by Economic Matters; Withdrawn Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/11/2016	2/12/2016	First Reading Economic Matters
House	2/11/2016	2/11/2016	Hearing 3/02 at 1:00 p.m.
House	3/01/2016	3/01/2016	Hearing cancelled
House	3/07/2016	3/08/2016	Unfavorable Report by Economic Matters; Withdrawn

Documents

Date Posted	Document Name
2/12/2016	Text - First - Financial Institutions - Single-Party and Multiple-Party Accounts - Right to Funds on Death of a Party
3/07/2016	Vote - House - Committee - Economic Matters

File Code

Subjects

Statutes