Bill Text: CT HB05351 | 2011 | General Assembly | Introduced
Bill Title: An Act Concerning Payment Of Finance Charges Incurred As A Result Of Fraudulent Use Of A Credit Card Account By A Third Party.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2011-02-04 - Public Hearing 02/10 [HB05351 Detail]
Download: Connecticut-2011-HB05351-Introduced.html
General Assembly |
Proposed Bill No. 5351 |
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January Session, 2011 |
LCO No. 2016 | ||||
Referred to Committee on Banks |
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Introduced by: |
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REP. AYALA, 128th Dist. |
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AN ACT CONCERNING PAYMENT OF FINANCE CHARGES INCURRED AS A RESULT OF FRAUDULENT USE OF A CREDIT CARD ACCOUNT BY A THIRD PARTY.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That title 36a of the general statutes be amended to prohibit banks from requiring customers whose credit card accounts are under investigation pursuant to claims of fraudulent use by a third party to pay finance charges incurred as a result of such fraudulent use prior to the completion of such investigation.
Statement of Purpose:
To prevent banks from forcing customers whose credit card accounts have been fraudulently used from paying finance charges incurred as a result of such fraudulent use pending the outcome of a fraud investigation.