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CT SB01112

Bill

Status

Introduced

3/17/2015

Primary Sponsor

Judiciary Committee

Click for details

Origin

Senate

2015 General Assembly

AI Summary

  • Banking Commissioner, in consultation with Consumer Protection Commissioner, Connecticut Bar Association, and Connecticut Bankers Association, shall conduct a study on consumer use of powers of attorney for banking transactions in Connecticut.

  • Study shall examine the effects of adopting the Uniform Power of Attorney Act and determine the need for state financial institutions to establish uniform statewide standards for accepting powers of attorney.

  • Banking Commissioner must report findings and legislative recommendations to the joint standing committees on banking and judiciary no later than February 1, 2016.

  • Provision takes effect upon passage of the bill.

Legislative Description

An Act Concerning The Establishment Of Uniform Standards For The Acceptance Of A Power Of Attorney At State Financial Institutions.

Last Action

Public Hearing 03/23

3/19/2015

Committee Referrals

Judiciary3/17/2015

Full Bill Text

No bill text available