Kansen Chu
- Democratic
Author
Existing law requires a collecting bank, as defined, to exercise ordinary care when performing specific roles in a commercial banking transaction, and limits the liability of a collecting bank for the insolvency, neglect, misconduct, mistake, or default of another bank or person or for loss or destruction of an item in the possession of others or in transit, as specified. This bill would make a nonsubstantive change to this provision.
No votes to display
Read first time.
From printer. May be heard in committee March 22.
Introduced. To print.
| Bill Text Versions | Format |
|---|---|
| AB2858 | HTML |
| 02/19/16 - Introduced |
| Document | Format |
|---|---|
| No related documents. |
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