House Bill 317

Actions
Last Action to Banking & Insurance (H)
Title AN ACT relating to deferred deposit transactions.
Bill Documents Introduced
Bill Request Number 914
Sponsors M. Dossett, J. Jenkins
Summary of Original Version Create a new section of Subtitle 9 of KRS Chapter 286 to establish definitions for "available resources," "expenses," and "relevant period"; require deferred deposit service business licensees to verify a customer's available resources and expenses during each relevant period; prohibit licensees from entering into a deferred deposit transaction if the licensee determines that a customer's expenses exceed a customer's available resources during any relevant period.
Index Headings of Original Version Banks and Financial Institutions - Deferred deposit transactions, financial verification for
Consumer Affairs - Deferred deposit transactions, financial verification for
Loans and Credit - Deferred deposit transactions, financial verification for

Actions

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02/06/18
  • introduced in House
02/08/18
  • to Banking & Insurance (H)


Last updated: 1/16/2019 3:00 PM (EST)