SB 772: Misdescription of Beneficiaries and Banks
GENERAL BILL by Rouson
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
Last Action: 3/8/2024 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 3/8/2024 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Judiciary (JU)
- Rules (RC)
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Bill History
Date Chamber Action 12/6/2023 Senate • Filed
12/15/2023 Senate • Referred to Banking and Insurance; Judiciary; Rules
1/9/2024 Senate • Introduced
3/8/2024 Senate • Died in Banking and Insurance
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SB 772, Original Filed Version (Current Bill Version) Posted 12/6/2023 at 1:20 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 593 (c1) Misdescription of Beneficiaries and Banks Insurance & Banking Subcommittee Similar Last Action: 3/8/2024 H Died on Second Reading Calendar 
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 670.207 Misdescription of beneficiary. Page 1 (pdf) 670.208 Misdescription of intermediary bank or beneficiary’s bank. Page 4 (pdf)