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FL S1314

Bill

Status

Introduced

2/25/2015

Primary Sponsor

Banking and Insurance

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • 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.

  • 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.

  • 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.

  • Requires electronically posted documents remain accessible to recipients for at least 4 years after receipt, with the ability to download or print them.

  • 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

Committee Referrals

Rules4/1/2015
Judiciary3/25/2015
Banking and Insurance3/2/2015

Full Bill Text

No bill text available