History of Actions | Background | Title |
Description: Bad checks; business may not sell to collecting entity until run through bank twice.
| 1 | 01/20/97 | (H) | Referred To Banks and Banking | |
| 2 | 02/04/97 | (H) | Died In Committee |
| Effective date | July 1, 1997 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
House Committee:
Principal Author: Ellis
Title: AN ACT TO PROVIDE THAT A BUSINESS ENTITY MAY NOT SELL BAD CHECKS RECEIVED BY THE ENTITY IN THE COURSE OF ITS BUSINESS TO A CHECK COLLECTING ENTITY UNTIL AFTER THE BUSINESS ENTITY HAS PRESENTED THE CHECKS FOR PAYMENT AT A DEPOSITORY INSTITUTION AT LEAST ONE ADDITIONAL TIME; TO DEFINE "CHECK COLLECTING ENTITY"; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB1434.htm