File Code: Commercial Law - Generally
- Sponsored By:
-
Delegates Frank, Krysiak, and Barve
- Entitled:
-
Commercial Law - Dishonored Checks - Notice of Rights
Requiring a bank to send a notice of rights and remedies to a customer
when the bank sends the customer notice that a check the customer
deposited has been dishonored for nonpayment; and requiring that the
notice of rights and remedies be in plain English and include
sufficient detail to instruct the customer on: 1) how to collect
payment, and 2) how to seek damages.
House Action
- 1/18
- First Reading Economic Matters
- 1/29
- Hearing 2/8 at 1:00 p.m.
- 2/19
- Unfavorable Report by Economic Matters
Senate Action
- No Action
- Sponsored by:
- Delegate Robert L. Frank, District 11
- Delegate Kumar P. Barve, District 17
- Delegate Carolyn J. Krysiak, District 46
- Bill indexed under the following Subjects:
- BANKS AND TRUST COMPANIES
- CHECKS
- CONSUMER PROTECTION -see also- ADVTG., LABELING, WARRANTIES.
- FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO, CREDIT U
- NOTICES
- Bill affects the following Statute:
- Commercial Law
- (
3-514
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available
