Bill Text: HI SB2018 | 2010 | Regular Session | Introduced
Bill Title: Negotiable Instruments; Dishonored Checks
Spectrum: Partisan Bill (Democrat 6-0)
Status: (Engrossed - Dead) 2010-02-12 - (H) Referred to CPC, referral sheet 27 [SB2018 Detail]
Download: Hawaii-2010-SB2018-Introduced.html
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THE SENATE |
S.B. NO. |
2018 |
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TWENTY-FIFTH LEGISLATURE, 2010 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO NEGOTIABLE INSTRUMENTS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 490:3-506.5, Hawaii Revised Statutes, is amended to read as follows:
"§490:3-506.5 Charges for dishonored
checks. The payee or a holder in due course of any check, draft, or order
for the payment of money that has been dishonored for lack of funds or credit
to pay the check, draft, or order or because the maker has no account with the
drawee shall be allowed to assess the maker a [reasonable] service
charge of not more than $30."
SECTION 2. Statutory material to be repealed is bracketed and stricken.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Negotiable Instruments; Dishonored Checks
Description:
Removes limitations pertaining to reasonableness for service charges relating to dishonored checks.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
