Bill Text: CT SB00360 | 2017 | General Assembly | Introduced


Bill Title: An Act Concerning The Uniform Commercial Code And The Electronic Fund Transfer Act.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-01-19 - Referred to Joint Committee on Judiciary [SB00360 Detail]

Download: Connecticut-2017-SB00360-Introduced.html

General Assembly

 

Proposed Bill No. 360

 

January Session, 2017

 

LCO No. 2358

 

*02358*

Referred to Committee on JUDICIARY

 

Introduced by:

 

SEN. KISSEL, 7th Dist.

 

AN ACT CONCERNING THE UNIFORM COMMERCIAL CODE AND THE ELECTRONIC FUND TRANSFER ACT.

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

That section 42a-4a-108 of the general statutes be amended to provide that article 4A does apply to a remittance transfer that is not an electronic funds transfer under the federal Electronic Fund Transfer Act.

Statement of Purpose:

To amend section 42a-4a-108 in order to adopt the 2012 Uniform Commercial Code amendments, which provide that article 4A does apply to a remittance transfer that is not an electronic funds transfer under the federal Electronic Fund Transfer Act.

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