SB 524
Modifies provisions relating to contractual fees charged by certain financial institutions
Sponsor:
LR Number:
2334S.01T
Committee:
Financial and Governmental Organizations and Elections
Last Action:
6/22/2015 - Signed by Governor
Journal Page:
S1763-1764
Title:
Calendar Position:
Effective Date:
August 28, 2015
House Handler:
Shull

Current Bill Summary

SB 524 - This act prohibits any contractual fee charged by a bank, trust company, association, or credit union for overdrawing the balance of a deposit account from being deemed as interest.

This act is identical to HB 1064 (2015).

SCOTT SVAGERA

Amendments