92nd General Assembly
Summary of SB1714
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
Senate Sponsors:
HENDON.

Short description: 
TEMPORARY CHECKS UNLAWFUL USE                                              

Synopsis of Bill as introduced:
        Amends the Consumer Fraud and Deceptive Business  Practices  Act.      
   Makes  it  an  unlawful practice to obtain funds by use of a temporary      
   check that has not been assigned a  sequence  number  by  the  account      
   holder.  Provides that a violation is a Class A misdemeanor and that a      
   subsequent  violation  is  a  Class  4  felony.   Makes it an unlawful      
   practice  for  a  financial  institution  to  disburse  funds  from  a      
   customer's account pursuant to a temporary check  unless  the  account      
   holder  has  assigned  a  number identifying the sequence in which the      
   temporary check was issued.  Provides that  violation  is  a  business      
   offense  subject to a fine of not more than $5,000 for a first offense      
   and not more than $10,000 for a subsequent offense.                         
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status