Adopted
AMENDMENT NO 1 PROPOSED TO
Cmte Sub for Senate Bill No. 2668
BY: Senator(s) Ross
AMEND by striking lines 37 through 45 in their entirety, inserting in lieu thereof the following:
(5) Each bank shall provide the Department of Banking and Consumer Finance the names and addresses of designated agents for service of writs of garnishment. The Department of Banking and Consumer Finance shall maintain a record of agents designated by banks to receive service of writs of garnishment. To be effective against a bank garnishee, a writ of garnishment shall be served upon the bank's agent as designated in that record.
(6) As used in this section, the term "bank" means an organization that is engaged in the business of banking and shall include commercial banks, savings banks, savings and loan associations, and credit unions.