Bill Text: IA HF2171 | 2017-2018 | 87th General Assembly | Enrolled
Bill Title: A bill for an act relating to stopping payment on a negotiable instrument by using an electronic record in lieu of a writing. (Formerly HSB 532.) Effective 7-1-18.
Spectrum: Committee Bill
Status: (Passed) 2018-03-21 - Signed by Governor. H.J. 652. [HF2171 Detail]
Download: Iowa-2017-HF2171-Enrolled.html
House File 2171 - Enrolled HOUSE FILE BY COMMITTEE ON COMMERCE (SUCCESSOR TO HSB 532) \5 A BILL FOR \1 House File 2171 AN ACT RELATING TO STOPPING PAYMENT ON A NEGOTIABLE INSTRUMENT BY USING AN ELECTRONIC RECORD IN LIEU OF A WRITING. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: Section 1. Section 554.4403, Code 2018, is amended by adding the following new subsection: NEW SUBSECTION. 2A. In addition to a stop=payment order made or renewed in writing as described in subsection 2, an equivalent stop=payment order may also be made or renewed as part of a record that is stored in an electronic medium, and submitted to the bank, which may include delivery via electronic transmission. LINDA UPMEYER Speaker of the House CHARLES SCHNEIDER President of the Senate I hereby certify that this bill originated in the House and is known as House File 2171, Eighty=seventh General Assembly. CARMINE BOAL Chief Clerk of the House Approved , 2018 KIM REYNOLDS Governor -1-