LA HB1115

Establishes that a person who accepts an original paper check for value, in good faith, and without notice of prior mobile deposit is a holder in due course entitled to enforce that check against the drawer and prior endorsers

Creates a presumption of good faith when the check acceptor examines for restrictive endorsements (e.g., "For Mobile Deposit Only"), requires valid government-issued photo ID, verifies the name matches, and has no notice of prior deposit

Requires truncating financial institutions (banks that accept mobile deposits) to indemnify holders in due course for losses from duplicate presentment, including the check's face amount, fees, legal interest, and attorney fees

Indemnification applies when the bank accepted a mobile deposit without a restrictive endorsement and the paper check was later dishonored as a duplicate, causing loss to a good faith holder

Establishes Louisiana jurisdiction over nonresident banks whose mobile deposit acceptance results in financial loss to a Louisiana business from duplicate presentment