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CT SB00373

Bill

Status

Introduced

3/4/2014

Primary Sponsor

Banks Committee

Click for details

Origin

Senate

2014 General Assembly

AI Summary

  • Revises Section 42a-4A-108 to clarify that the Uniform Commercial Code article on funds transfers does not apply to transfers governed by the Electronic Fund Transfer Act (15 USC 1693, et seq.), effective October 1, 2014.

  • Establishes an exception allowing the UCC article to apply to remittance transfers as defined in the Electronic Fund Transfer Act, unless the remittance qualifies as an electronic fund transfer.

  • Specifies that in case of conflict between UCC provisions and Electronic Fund Transfer Act provisions, the Electronic Fund Transfer Act governs.

  • Creates new rights for nonparty witnesses to object to subpoenas within 15 days of service by claiming undue burden and expense, accompanied by an affidavit of estimated or actual compliance costs.

  • Allows courts to quash or modify unreasonable subpoenas and permits courts to require the requesting party to advance reasonable costs of production, including the nonparty witness's attorney's fees and electronic discovery costs.

Legislative Description

An Act Concerning The Uniform Commercial Code, The Electronic Fund Transfer Act And The Issuance Of Subpoenas On A Nonparty Witness.

Last Action

Favorable Report, Tabled for the Calendar, Senate

4/23/2014

Committee Referrals

Judiciary4/17/2014
Banks3/4/2014

Full Bill Text

No bill text available