Bill Summary

HB 397 Bank Property of Deceased Account Holders (2020 Session)
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Sponsors
by Clemons, Sr.
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Summary
Bank Property of Deceased Account Holders: Authorizes financial institutions to disclose specified information & provide copies of specified affidavits to certain persons relating to deceased account holders; Authorizes financial institutions to pay certain funds to authorized family member of decedent without court order; requires authorized family member to provide financial institutions certified copy of decedent's death certificate & specified affidavit to receive funds; specifies that person does not have right or cause of action against financial institutions for certain actions or for failing to take certain actions; provides liability for authorized family members. Effective Date: July 1, 2020
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committees of reference
   H Insurance & Banking Subcommittee
   H Civil Justice Subcommittee
   H Commerce Committee
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Actions
10/17/19
HOUSE 
Filed
10/23/19
HOUSE 
Referred to Insurance & Banking Subcommittee; Civil Justice Subcommittee; Commerce Committee
10/23/19
HOUSE 
Now in Insurance & Banking Subcommittee
01/09/20
HOUSE 
Withdrawn prior to introduction
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bill text & filed amendments
0397
Filed on 10/17/19
PDF
No amendments to this bill text filed.
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Statute Citations
655.059
655.795
Research & Reports
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