SENATE BILL 401

Sponsored By:

Senator Della

Entitled:

Financial Institutions - Subpoenas

Synopsis:

Authorizing the recovery by a fiduciary institution of the reasonable costs incurred by the fiduciary institution in complying with a subpoena issued in a civil action in which the fiduciary institution is not a party; and requiring a fiduciary institution to provide an invoice for the costs incurred which identifies the services performed and the charge for each service.

Legislative History

Senate Action

1/31

First Reading Finance

Hearing 2/20 at 1:00 p.m.

2/6

Hearing cancelled

Hearing 2/27 at 1:00 p.m.

3/20

Unfavorable Report by Finance

House Action

No Action

Bill indexed under the following Subjects:

BANKS AND TRUST COMPANIES

CIVIL ACTIONS -see also- SMALL CLAIMS

CREDIT UNIONS

DISCLOSURE

FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO, CREDIT U

RECORDS -see also- RCDNGS, LAND RCDS, VITAL RCDS; CRIM BKGD.

SAVINGS AND LOAN ASSOCIATIONS

SUBPOENAS

Bill affects the following Statute:

Financial Institutions

( 1-304 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None available