MD SB772 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 5 2016 - 25% progression, died in chamber
Action: 2016-03-09 - Unfavorable Report by Finance; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2016 - 25% progression, died in chamber
Action: 2016-03-09 - Unfavorable Report by Finance; Withdrawn
Text: Latest bill text (Introduced) [PDF]
Summary
Requiring that funds in a specified account be transferred on the death of a party to the account to the deceased party's estate; requiring that agreement for specified accounts opened on or after October 1, 2016, contain specified provisions; requiring a depository institution, for specified accounts, to give the account party or parties a specified form; requiring that specified materials be given to a party or parties before a depository institution establishes a specified type of account or modifies a specified account; etc.
Title
Financial Institutions - Single-Party and Multiple-Party Accounts - Right to Funds on Death of a Party
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-03-09 | Senate | Unfavorable Report by Finance; Withdrawn |
2016-03-02 | Senate | Hearing cancelled |
2016-03-08 | Senate | Hearing 3/08 at 1:00 p.m. |
2016-02-05 | Senate | First Reading Finance |
Subjects
Banks and Trust Companies
Death
Estates and Trusts
Financial Institutions
Foreign Ownership
Forms
Interstate Affairs
Notices
Postal Service
Death
Estates and Trusts
Financial Institutions
Foreign Ownership
Forms
Interstate Affairs
Notices
Postal Service