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FL S1314
Bill
Status
2/25/2015
Primary Sponsor
Banking and Insurance
Click for details
AI Summary
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Authorizes senders to post trust documents to secure electronic accounts or websites with prior written authorization from recipients enumerating specific documents that may be posted.
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Requires senders to provide a separate non-electronic notice when documents are posted, with documents deemed received on the earlier of when the separate notice is received or when the recipient accesses the document.
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Mandates annual written notices (sent by non-electronic means) reminding recipients that posting may commence limitations periods as short as 6 months and that authorization can be amended or revoked at any time; failure to send notice within 380 days automatically revokes authorization.
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Requires electronically posted documents remain accessible to recipients for at least 4 years after receipt, with the ability to download or print them.
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Establishes that electronic messages are deemed received when sent unless the sender has knowledge the message failed to reach the recipient; service in judicial proceedings remains governed by Florida Rules of Civil Procedure.
Legislative Description
Electronic Noticing of Trust Accounts
Last Action
Laid on Table, companion bill(s) passed, see CS/HB 961 (Ch. 2015-176)
4/22/2015