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1999 SESSION
HB 2074 Banking and finance; joint accounts, required disclosures.
Introduced by: V. Earl Dickinson | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Banking and finance; joint accounts; required disclosures. Requires financial institutions to provide disclosure forms informing persons opening joint accounts of the disposition of such accounts upon a party’s death. Disclosures concerning a “Joint Account With Survivorship” must inform such persons that on the death of a party to the account, the deceased party’s ownership in the account passes to the surviving party or parties to the account. Disclosures concerning a “Joint Account--No Survivorship” must inform such persons that on the death of a party to the account, the deceased party’s ownership in the account passes as a part of the party’s estate under the party’s will or trust, or by intestacy. This bill will become effective on July 1, 2000.
FULL TEXT
- 01/20/99 House: Presented & ordered printed 992056296 pdf
- 01/28/99 House: Printed as engrossed 992056296-E pdf
- 02/25/99 House: Bill text as passed House and Senate (HB2074ER) pdf
- 03/24/99 Governor: Acts of Assembly Chapter text (CHAP0125) pdf
AMENDMENTS
HISTORY
- 01/20/99 House: Presented & ordered printed 992056296
- 01/20/99 House: Referred to Committee on Corporations, Insurance and Banking
- 01/26/99 House: Reported from Corp., Ins. & Banking (25-Y 1-N)
- 01/27/99 House: Read first time
- 01/28/99 House: Read second time
- 01/28/99 House: Amendment by Mr. McClure agreed to
- 01/28/99 House: Engrossed by House as amended
- 01/28/99 House: Printed as engrossed 992056296-E
- 01/29/99 House: Read third time and passed House (98-Y 0-N)
- 01/29/99 House: VOTE: PASSAGE (98-Y 0-N 1-A)
- 01/29/99 House: Communicated to Senate
- 02/01/99 Senate: Constitutional reading dispensed
- 02/01/99 Senate: Referred to Committee on Commerce and Labor
- 02/15/99 Senate: Reported from Commerce and Labor (15-Y 0-N)
- 02/16/99 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/16/99 Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
- 02/17/99 Senate: Read third time
- 02/17/99 Senate: Passed Senate (40-Y 0-N)
- 02/17/99 Senate: VOTE: PASSAGE R (40-Y 0-N)
- 02/25/99 House: Bill text as passed House and Senate (HB2074ER)
- 03/01/99 House: Enrolled
- 03/01/99 House: Signed by Speaker
- 03/03/99 Senate: Signed by President
- 03/16/99 Governor: Approved by Governor-Chapter 125 (effective 7/1/00)
- 03/24/99 Governor: Acts of Assembly Chapter text (CHAP0125)