Loading chat...
CT SB00056
Bill
Status
Introduced
2/8/2010
Primary Sponsor
Banks Committee
Click for details
AI Summary
- Banks must cash checks drawn on accounts at the bank up to $50,000 at their main office or any branch office in the state, provided the check is presented by the payee with adequate identification and sufficient funds are available.
- Banks may require no more than two forms of identification if one form is a current U.S. passport, state motor vehicle operator's license, or Department of Motor Vehicles identity card.
- Banks may refuse payment if reasonably necessary to prevent fraud, loss, or comply with applicable law.
- Banks are prohibited from charging any fee for cashing checks under this section.
- The act becomes effective October 1, 2010, and amends Connecticut General Statutes Section 36a-317b.
Legislative Description
An Act Concerning Certain Bank Fees.
Last Action
Public Hearing 02/25
2/19/2010
Committee Referrals
Banks2/8/2010
Full Bill Text
No bill text available