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CA SB1055

Bill

Status

Passed

9/7/2012

Primary Sponsor

Ted Lieu

Click for details

Origin

Senate

2011-2012 Session

AI Summary

  • Landlords must allow tenants to pay rent and security deposits using at least one payment method that is neither cash nor electronic funds transfer.

  • Landlords may require cash-only payment exclusively for up to three months if a tenant previously attempted to pay with a dishonored check or instructed the drawee to stop payment, provided written notice is given with a copy of the dishonored instrument.

  • Defines "electronic funds transfer" to include point-of-sale transfers, direct deposits, telephone transfers, automated clearinghouse transfers, and recurring authorized transfers, but excludes checks and similar paper instruments.

  • Allows tenants and landlords to mutually agree to cash or electronic funds transfer payments as long as at least one additional payment method remains available.

  • Any waiver of these provisions is void and unenforceable as contrary to public policy.

Legislative Description

Landlord and tenant: payments.

Last Action

Chaptered by Secretary of State. Chapter 268, Statutes of 2012.

9/7/2012

Committee Referrals

Judiciary3/1/2012
Rules2/9/2012

Full Bill Text

No bill text available