Bill Summary

SB 772 Misdescription of Beneficiaries and Banks (2024 Session)
Misdescription of Beneficiaries and Banks; Revising requirements for rights as a beneficiary of a payment order and acceptance of the order when the beneficiary is a nonexistent or unidentifiable person or account; removing rules relating to accepted payment orders; revising requirements relating to the misdescription of banks for intermediaries and beneficiaries, etc. Effective Date: 7/1/2024
12/06/23
SENATE
Filed
12/15/23
SENATE
Referred to Banking and Insurance; Judiciary; Rules
03/08/24
SENATE
Died in Banking and Insurance
0772
Filed on 12/06/23
PDF
No amendments to this bill text filed.
670.207
670.208
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