HB 515: UCC/Letters of Credit
GENERAL BILL by Green
UCC/Letters of Credit; revises article 5 of Uniform Commercial Code re letters of credit; provides formal requirements; provides that consideration is unnecessary; provides for issuance, amendment, cancellation, & duration; specifies rights & obligations of confirmers, nominated persons, & advisers; provides issuer's rights & obligations; provides procedures for counteracting fraud & forgery, etc. Amends 95.11, 671.105, 672.512, 675.101-.117, 679.103-.106,.304,.305.
Effective Date: 07/01/1999
Last Action: 4/8/1999 House - Senate Bill substituted; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/CS/SB 740 (Ch. 99-137) -HJ 00531
Bill Text: Web Page | PDF
Last Action: 4/8/1999 House - Senate Bill substituted; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/CS/SB 740 (Ch. 99-137) -HJ 00531
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/29/1999 | House |
• Prefiled |
| 2/4/1999 | House |
• Referred to Judiciary (CJC); Financial Services (CAC) |
| 2/26/1999 | House |
• On Committee agenda-- Judiciary (CJC), 03/03/99, 1:00 pm, Morris Hall |
| 3/2/1999 | House |
• Introduced, referred to Judiciary (CJC); Financial Services (CAC) -HJ 00051; On Committee agenda-- Judiciary (CJC), 03/03/99, 1:00 pm, Morris Hall |
| 3/3/1999 | House |
• Comm. Action: Unanimously Favorable with 1 amendment(s) by Judiciary (CJC) -HJ 00180 |
| 3/4/1999 | House |
• Now in Financial Services (CAC) -HJ 00180 |
| 3/15/1999 | House |
• On Committee agenda-- Financial Services (CAC), 03/17/99, 1:00 pm, 212-HOB |
| 3/17/1999 | House |
• Comm. Action:-Unanimously Favorable by Financial Services (CAC) -HJ 00381 |
| 3/18/1999 | House |
• Placed on calendar, available for General Calendar -HJ 00381 |
| 3/30/1999 | House |
• Placed on General Calendar; Retained on General Calendar |
| 4/6/1999 | House |
• Placed on General Calendar; Read second time -HJ 00494; Amendment(s) adopted -HJ 00494 |
| 4/8/1999 | House |
• Senate Bill substituted; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to CS/CS/SB 740 (Ch. 99-137) -HJ 00531 |