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TN SB1434

Bill

Status

Introduced

2/17/2011

Primary Sponsor

Thelma Harper

Click for details

Origin

Senate

107th General Assembly

AI Summary

Legislative Description

As introduced, requires payor banks to process items sequentially as indicated by the numbers on the bank drafts on the day items are charged against a customer's account; places limits on handling charges for insufficient funds if items are not processed sequentially. - Amends TCA Title 47, Chapter 4, Part 4.

Banks and Financial Institutions

Last Action

Assigned to Gen. Sub of: S. C,L&A Comm.

4/26/2011

Committee Referrals

Commerce, Labor & Agriculture2/24/2011

Full Bill Text

No bill text available