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2000 SESSION
HB 1180 Public deposits; duties of public depositories.
Introduced by: John S. (Jack) Reid | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Public deposits; duties of public depositories. Provides that no institution shall be deemed to have accepted the liabilities and duties imposed under this chapter with respect to any funds, other than funds deposited in an existing public deposit account, deposited at such institution without written notice from the treasurer or public depositor that such funds represent a public deposit subject to this chapter. Currently, any institution accepting a public deposit which is required by law to be secured is deemed to have accepted the liabilities and duties imposed upon it by law.
FULL TEXT
HISTORY
- 01/24/00 House: Presented & ordered printed 004913904
- 01/24/00 House: Referred to Committee on General Laws
- 01/27/00 House: Assigned to General Laws sub-committee: 4
- 02/11/00 House: Continued to 2001 in General Laws (25-Y 0-N)