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Legislation


1996 Regular Session

HOUSE BILL 676

File Code: Financial Institutions Crossfiled with: SENATE BILL 401
Sponsored By:
Delegate Wood
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; requiring a fiduciary institution to provide an invoice for the costs incurred which identifies the services performed and the charge for each service; and providing that recoverable costs do not include personnel costs for time spent by a witness in court in response to a subpoena.

Legislative History

House Action
2/1
First Reading Commerce and Government Matters
2/7
Hearing 2/27 at 1:15 p.m.
3/4
Favorable Report by Commerce and Government Matters
3/5
Favorable
Special Order 3/6 (Del. Genn) Adopted
3/6
Favorable Report Adopted
Floor Amendment (Del. Genn) Adopted
Special Order 3/7 (Del. Frank) Adopted
3/7
Floor Amendment (Del. Frank) Adopted
Second Reading Passed with Amendments
3/12
Third Reading Failed (47-74)
Senate 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
WITNESSES
Bill affects the following Statute:
Financial Institutions
( 1-304 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)

Amendments:
House
Number: 152089/1 (PDF) Offered on: MARCH 6, 1996 at: 10:29 Status: Adopted
Number: 252889/2 (PDF) Offered on: MARCH 7, 1996 at: 10:38 Status: Adopted
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