HB1312 (2010) Detail

Relative to notification by banks concerning crediting deposits in bank accounts.


HB 1312 – AS INTRODUCED

2010 SESSION

10-2131

08/10

HOUSE BILL 1312

AN ACT relative to notification by banks concerning crediting deposits in bank accounts.

SPONSORS: Rep. Hikel, Hills 7; Rep. R. Holden, Hills 7

COMMITTEE: Commerce and Consumer Affairs

ANALYSIS

This bill requires a bank to provide notification to a customer to assent to certain banking practices when opening an account.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

10-2131

08/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Ten

AN ACT relative to notification by banks concerning crediting deposits in bank accounts.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Section; Customer Notification. Amend RSA 382-A by inserting after section 4-109 the following new section:

382-A:4-109-a Customer Notification. For each customer maintaining an account at a bank, the bank shall provide notification of, and the customer must assent in writing to, the bank’s policies regarding when deposits are credited to accounts.

2 Effective Date. This act shall take effect July 1, 2010.