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HI SB2607

Bill

Status

Passed

5/28/2010

Primary Sponsor

Rosalyn Baker

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Establishes record keeping and trust account requirements for client trust accounts held by activity desks

  • Requires activity desks to include registration numbers on all advertising materials

  • Mandates activity desks obtain full payment for activities prior to or at the time reservations are made, with certain exceptions

  • Requires sums paid to activity desks be held in trust for customers

  • Increases the required bond or letter of credit from $100,000 to $250,000, effective July 1, 2010

Legislative Description

Activity Desks; Client Trust Accounts

Last Action

(H) Act 150, on 5/28/2010 (Gov. Msg. No. 367).

5/28/2010

Committee Referrals

Commerce and Consumer Protection2/9/2010
Tourism1/27/2010

Full Bill Text

No bill text available