WV SB470 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Engrossed on February 27 2024 - 50% progression
Action: 2024-02-29 - To House Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Comm Sub) [HTML]
Status: Engrossed on February 27 2024 - 50% progression
Action: 2024-02-29 - To House Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Comm Sub) [HTML]
Summary
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.
Title
Uniform Special Deposits Act
Sponsors
Roll Calls
2024-02-27 - Senate - Passed Senate (Roll No. 280) (Y: 33 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-29 | House | To House Judiciary |
| 2024-02-29 | House | Introduced in House |
| 2024-02-27 | Senate | Ordered to House |
| 2024-02-27 | Senate | Passed Senate (Roll No. 280) |
| 2024-02-27 | Senate | Read 3rd time |
| 2024-02-27 | Senate | On 3rd reading |
| 2024-02-26 | Senate | Read 2nd time |
| 2024-02-26 | Senate | On 2nd reading |
| 2024-02-24 | Senate | Read 1st time |
| 2024-02-24 | Senate | Immediate consideration |
| 2024-02-24 | Senate | Committee substitute for committee substitute reported |
| 2024-01-30 | Senate | To Judiciary |
| 2024-01-30 | Senate | Committee substitute reported, but first to Judiciary |
| 2024-01-16 | Senate | To Banking and Insurance |
| 2024-01-16 | Senate | Introduced in Senate |
| 2024-01-16 | Senate | To Banking and Insurance then Judiciary |
| 2024-01-16 | Senate | Filed for introduction |
Same As/Similar To
HB4913 (Similar To) 2024-01-18 - To House Banking and Insurance
Subjects
Code Citations
| 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 |
