Bill Text: CT SB00720 | 2015 | General Assembly | Introduced

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Bill Title: An Act Concerning Notice Of Extended Deposit Holds.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-01-23 - Referred to Joint Committee on Banking [SB00720 Detail]

Download: Connecticut-2015-SB00720-Introduced.html

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General Assembly		Proposed Bill No. 720
January Session, 2015		LCO No. 1662
		*01662*
Referred to Committee on BANKING
Introduced by:
SEN. KELLY, 21st Dist.

AN ACT CONCERNING NOTICE OF EXTENDED DEPOSIT HOLDS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 665a of the general statutes be amended to require banks to provide depositors with advance notice if a bank intends to extend any hold placed on checks or other deposits.

Statement of Purpose:

To require banks to provide notice of extended deposit holds on checks or other deposits.