SB 116: Debtors and Collectors [CPSC]
GENERAL BILL by Bullard
Debtors and Collectors [CPSC]; Requires lenders or creditors to verify the identity of persons applying for a loan, credit card, or extension of credit. Provides that the knowing and willful use of personal identifying information of another individual creates a rebuttable presumption. Provides for the forfeiture of indebtedness for failure of the lender or creditor to verify an applicant's identity.
Effective Date: 07/01/2010
Last Action: 4/30/2010 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 4/30/2010 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 10/5/2009 Senate • Filed
12/9/2009 Senate • Referred to Banking and Insurance; Judiciary
3/2/2010 Senate • Introduced, referred to Banking and Insurance; Judiciary -SJ 00018
4/30/2010 Senate • Died in Committee on Banking and Insurance
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SB 116, Original Filed Version (Current Bill Version) Posted 11/15/2009 at 1:18 AM
Bill Text: Web Page | PDF Analyses: None Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 687.072