Bill Text: CT SB00317 | 2015 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: An Act Concerning Attorneys' Fees Provisions In Depository Contracts.

Spectrum: Committee Bill

Status: (Introduced - Dead) 2015-02-13 - Public Hearing 02/19 [SB00317 Detail]

Download: Connecticut-2015-SB00317-Introduced.html

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General Assembly		Proposed Bill No. 317
January Session, 2015		LCO No. 2603
		*02603*
Referred to Committee on BANKING
Introduced by:
SEN. BARTOLOMEO, 13th Dist. (By Request)

AN ACT CONCERNING ATTORNEYS' FEES PROVISIONS IN DEPOSITORY CONTRACTS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapters 741c, 741d and 742 of the general statutes be amended to: (1) Include any bank or other entity that accepts and holds deposits from customers within the definition of commercial party, (2) include any customers making deposits within the definition of consumer, (3) include any written contract for any depository account within the definition of consumer contract, and (4) prohibit any bank or other entity that accepts and holds deposits from customers from including a clause in its consumer contract allowing for such bank or other entity to collect attorneys' fees from its customers if such bank or other entity prevails in a claim brought by customers based on the consumer contract.

Statement of Purpose:

To prohibit commercial parties from claiming, and being awarded attorneys' fees, if they prevail in a claim brought by their customers over issues covered by the parties' consumer contract.