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2020 SESSION
HB 354 Financial institutions; liability when instructions of attorney-in-fact disregarded.
Introduced by: Glenn R. Davis | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Financial institutions; liability when instructions of attorney-in-fact disregarded. Provides that neither an individual nor his attorney-in-fact is liable to repay a loan made by a financial institution to the individual when the individual's attorney-in-fact has requested or instructed the financial institution not to lend funds to the individual and the financial institution loans money to the individual in disregard of the request or instruction.
FULL TEXT
AMENDMENTS
HISTORY
- 01/01/20 House: Prefiled and ordered printed; offered 01/08/20 20103766D
- 01/01/20 House: Referred to Committee on Labor and Commerce
- 01/30/20 House: Stricken from docket by Labor and Commerce (18-Y 0-N)