Bill Title: Amends the Uniform Commercial Code. Provides that the Funds Transfers Article of the Code applies to certain funds transfers that are remittance transfers under the federal Electronic Fund Transfer Act. Provides that the federal Electronic Fund Transfer Act controls in the event of an inconsistency between that Act and the Funds Transfer Article of the Uniform Commercial Code.

Spectrum: Moderate Partisan Bill (Democrat 4-1)

Status: (Passed) 2013-08-16 - Public Act . . . . . . . . . 98-0498 [SB2186 Detail]

Text: Latest bill text (Chaptered) [HTML]

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