West Virginia House Bill 4913 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 18 2024 - 25% progression, died in committee
Action: 2024-01-18 - To House Banking and Insurance
Pending: House Banking & Insurance Committee
Text: Latest bill text (Introduced) [HTML]

The purpose of this bill is to enact the Uniform Special Deposits Act, which was recommended for passage by the state Uniform Law Commission; special deposits are deposits held by banks, which unlike regular deposits are held until some contingent event triggers the deposit, such as a court approving a settlement, or of a closing of a real estate transaction; and is intended to provide an optional uniform process for banks to use to regulate this activity. This bill was recommended for introduction by the Commission on Interstate Cooperation.

Relating to the Uniform Special Deposits Act

Del. Wayne Clark [R]

Sen. Darren Thorne [R]

Del. Debbie Warner [R]

Date	Chamber	Action
2024-01-18	House	To House Banking and Insurance
2024-01-18	House	Introduced in House
2024-01-18	House	To Banking and Insurance then Judiciary
2024-01-18	House	Filed for introduction

SB470 (Similar To) 2024-02-29 - To House Judiciary

Chapter	Article	Section	Citation Type	Statute Text
31A	9	1	New Code	See Bill Text
31A	9	10	New Code	See Bill Text
31A	9	11	New Code	See Bill Text
31A	9	12	New Code	See Bill Text
31A	9	13	New Code	See Bill Text
31A	9	14	New Code	See Bill Text
31A	9	15	New Code	See Bill Text
31A	9	16	New Code	See Bill Text
31A	9	2	New Code	See Bill Text
31A	9	3	New Code	See Bill Text
31A	9	4	New Code	See Bill Text
31A	9	5	New Code	See Bill Text
31A	9	6	New Code	See Bill Text
31A	9	7	New Code	See Bill Text
31A	9	8	New Code	See Bill Text
31A	9	9	New Code	See Bill Text

Type	Source
Summary	http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4913&year=2024&sessiontype=RS&btype=bill
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4913%20intr.htm&yr=2024&sesstype=RS&i=4913