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CA AB2766

Bill

Official Source

Status

Engrossed

4/29/2010

Primary Sponsor

Julia Brownley

Click for details

Origin

State Assembly

2009-2010 Session

AI Summary

  • Amends Section 6213 of the Business and Professions Code to make a technical correction to the definition of "eligible institution" for IOLTA accounts
  • Changes the phrase "pays interest or dividends in the IOLTA account" to "pays interest or dividends on the IOLTA account"
  • Applies to banks, savings and loans, or other financial institutions regulated by federal or state agencies that carry federal deposit insurance
  • Requires majority vote to pass with no appropriation or fiscal committee impact

Legislative Description

Attorneys.

Last Action

To inactive file on motion of Senator Corbett.

8/31/2010

Committee Referrals

Judiciary5/13/2010
Rules4/29/2010
Judiciary3/25/2010

Full Bill Text

No bill text available