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CT SB00011

Bill

Official Source

Status

Engrossed

4/24/2013

Primary Sponsor

Banks Committee

Click for details

Origin

Senate

2013 General Assembly

AI Summary

  • Banks must provide written notice to account-holding customers regarding the order in which transactions are processed and posted each day
  • Banks must disclose whether they may change the order of transaction processing or posting and the reasons for any such reordering
  • Applies to all banks as defined in section 36a-2 of the general statutes
  • Effective date is October 1, 2013

Legislative Description

An Act Requiring Notice Of The Reordering Of Banking Transactions.

Last Action

House Calendar Number 434

4/25/2013

Committee Referrals

Banks1/9/2013

Full Bill Text

No bill text available