CS/CS/HB 1439: Bank Property of Deceased Account Holders
GENERAL BILL by Commerce Committee ; Insurance and Banking Subcommittee ; Yarborough
Bank Property of Deceased Account Holders; Authorizes financial institution to pay funds on deposit in certain accounts to specified family member of decedent without court proceeding, order, or judgment; requires family member to provide 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 institution for taking or failing to take certain actions; provides liability for family member who withdraws funds; authorizes financial institution to provide copies of affidavit to certain persons; provides that specified types of personal property are not subject to probate administration or formal proceedings; requires certain actions relating to decedent's creditors; provides bona fide purchasers protection from specified claims of creditors & from rights of spouses, beneficiaries, & heirs of decedents; provides limitation on liability of decedent's estate & recipients of estate.
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/14/2020 | House |
• Filed • Introduced -HJ 128 |
| 1/17/2020 | House |
• Referred to Insurance and Banking Subcommittee; Civil Justice Subcommittee; Commerce Committee -HJ 402 |
| 1/24/2020 | House |
• On Committee agenda-- Insurance and Banking Subcommittee, 01/28/20, 3:30 pm, Sumner Hall |
| 1/28/2020 | House |
• CS by Insurance and Banking Subcommittee; YEAS 15 NAYS 0 -HJ 472 |
| 1/30/2020 | House |
• Pending review of CS under Rule 7.18(c) -HJ 472 • CS by Insurance and Banking Subcommittee read 1st time -HJ 470 |
| 1/31/2020 | House |
• Original reference(s) removed: Civil Justice Subcommittee • CS referred to Commerce Committee -HJ 476 • Now in Commerce Committee -HJ 476 |
| 2/11/2020 | House |
• On Committee agenda-- Commerce Committee, 02/13/20, 9:00 am, Webster Hall |
| 2/13/2020 | House |
• CS/CS by- Commerce Committee; YEAS 20 NAYS 0 -HJ 585 |
| 2/17/2020 | House |
• Pending review of CS -under Rule 7.18(c) |
| 2/18/2020 | House |
• Placed on Calendar -HJ 584 • CS/CS by Commerce Committee read 1st time -HJ 584 |
| 2/20/2020 | House |
• Placed on Special Order Calendar, 02/26/20 |
| 2/26/2020 | House |
• Read 2nd time -HJ 661 • Read 3rd time -HJ 661 • CS passed; YEAS 115 NAYS 0 -HJ 661 |
| 3/3/2020 | Senate |
• In Messages |
| 3/5/2020 | Senate |
• Referred to Banking and Insurance; Judiciary; Rules -SJ 476 • Received -SJ 476 |
| 3/10/2020 | Senate |
• Withdrawn from Banking and Insurance; Judiciary; Rules -SJ 579 • Placed on Calendar, on 2nd reading • Substituted for CS/CS/SB 380 -SJ 579 • Read 2nd time -SJ 579 • Placed on 3rd reading |
| 3/11/2020 | Senate |
• Read 3rd time -SJ 669 • CS passed; YEAS 40 NAYS 0 -SJ 669 |
| 3/11/2020 | House |
• Ordered enrolled -HJ 1129 |
| 6/17/2020 |
• Signed by Officers and presented to Governor |
|
| 6/27/2020 |
• Approved by Governor |
|
| 6/29/2020 |
• Chapter No. 2020-110 |
