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HI SB2607
Bill
AI Summary
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Establishes record keeping and trust account requirements for client trust accounts held by activity desks
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Requires activity desks to include registration numbers on all advertising materials
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Mandates activity desks obtain full payment for activities prior to or at the time reservations are made, with certain exceptions
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Requires sums paid to activity desks be held in trust for customers
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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