Description: Financial institutions; credit borrower's payment on date of receipt.
Bill Text: [Introduced]
History of Actions:
|1||01/15 (S) Referred To Business and Financial Institutions|
|2||01/30 (S) Died In Committee|
|Deadline||General Bill/Constitutional Amendment|
|Vote type required||Majority|
Principal Author: Hewes
Additional Author: Robertson
Title: AN ACT TO REQUIRE ALL BANKS, SAVINGS AND LOAN ASSOCIATIONS, AND SAVINGS BANKS TO CREDIT THE PAYMENT OF ANY MORTGAGE, NOTE OR LOAN TO THE BORROWER'S ACCOUNT ON THE DATE THE PAYMENT IS RECEIVED BY THE BANK, SAVINGS AND LOAN ASSOCIATION OR SAVINGS BANK, OR BY ANY BRANCH THEREOF; AND FOR RELATED PURPOSES.
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