Mark Wyland
- Republican
Author
Existing law provides for the certification and regulation of state organized banks and credit unions by the Commissioner of Financial Institutions. Existing law prohibits a bank from imposing a charge on a savings account, as defined, or on a depositor for the failure of a depositor to deposit, or for the late deposit of, any agreed periodic installment deposit into that account. Existing law authorizes a credit union to assess charges for failure to meet punctuality obligations to the credit union. This bill would authorize a depositor of a bank, or a member of a credit union, to dispute, or seek to correct, any charge imposed upon that person's account that the person claims is fraudulent, incorrect, or inappropriate at any time within one year after the charge is imposed.
No votes to display
Returned to Secretary of Senate pursuant to Joint Rule 56.
Set for hearing April 15.
Set, first hearing. Hearing canceled at the request of author.
To Com. on B., F. & I.
From print. May be acted upon on or after March 28.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB394 | HTML |
| 02/26/09 - Introduced |
| Document | Format |
|---|---|
| No related documents. |
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