NY S03847 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 19 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO BANKS
Pending: Senate Banks Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 19 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO BANKS
Pending: Senate Banks Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires all banking institutions in the state to accept a statutory short form power of attorney and powers of attorney which survive disability or incompetence; references existing provisions relating to powers of attorney in the general obligations law; holds banks harmless for such acceptance unless they have actual written notice of revocation or termination.
Title
Requires all banking institutions in the state to accept a statutory short form power of attorney and powers of attorney which survive disability or incompetence; references existing provisions relating to powers of attorney in the general obligations law; holds banks harmless for such acceptance unless they have actual written notice of revocation or termination.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-01-08 | Senate | REFERRED TO BANKS |
| 2019-02-19 | Senate | REFERRED TO BANKS |
