A BILL TO BE ENTITLED AN ACT TO CONFORM THE LAW GOVERNING THE PLEDGE OF JOINT ACCOUNTS IN CREDIT UNIONS, SAVINGS AND LOAN ASSOCIATIONS, AND SAVINGS BANKS TO THE LAW GOVERNING THE PLEDGE OF JOINT ACCOUNTS IN BANKS, AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION. Enacted July 7, 2014. Effective July 7, 2014.
CONFORM PLEDGE OF JOINT ACCOUNT LAWS.
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A BILL TO BE ENTITLED AN ACT TO CONFORM THE LAW GOVERNING THE PLEDGE OF JOINT ACCOUNTS IN CREDIT UNIONS, SAVINGS AND LOAN ASSOCIATIONS, AND SAVINGS BANKS TO THE LAW GOVERNING THE PLEDGE OF JOINT ACCOUNTS IN BANKS, AS RECOMMENDED BY THE GENERAL STATUTES COMMISSION.Intro. by Blust.
Status: Ch. SL 2014-61 (House Action) (Jul 7 2014)
Bill History:
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Thu, 15 May 2014 House: Filed
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Mon, 19 May 2014 House: Passed 1st Reading
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Fri, 23 May 2014 House: Reptd Fav
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Fri, 23 May 2014 House: Re-ref Com On Judiciary Subcommittee A
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Wed, 28 May 2014 House: Reptd Fav
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Wed, 28 May 2014 House: Cal Pursuant Rule 36(b)
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Wed, 28 May 2014 House: Placed On Cal For 05/29/2014
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Thu, 29 May 2014 House: Passed 2nd Reading
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Thu, 29 May 2014 House: Passed 3rd Reading
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Fri, 30 May 2014 Senate: Regular Message Received From House
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Fri, 30 May 2014 Senate: Passed 1st Reading
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Fri, 30 May 2014 Senate: Ref To Com On Judiciary I
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Fri, 30 May 2014 Senate: Ref To Com On Judiciary I
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Thu, 26 Jun 2014 Senate: Reptd Fav
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Mon, 30 Jun 2014 Senate: Passed 2nd Reading
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Mon, 30 Jun 2014 Senate: Passed 3rd Reading
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Mon, 30 Jun 2014 Senate: Ordered Enrolled
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Tue, 1 Jul 2014 Ratified
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Wed, 2 Jul 2014 Pres. To Gov. 7/2/2014
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Mon, 7 Jul 2014 Signed by Gov. 7/7/2014
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Mon, 7 Jul 2014 Ch. SL 2014-61
H 1117/S.L. 2014-61
Bill Summaries:
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Bill H 1117 (2013-2014)Summary date: Jul 8 2014 - View Summary
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Bill H 1117 (2013-2014)Summary date: May 15 2014 - View Summary
Identical to S 746, filed 5/14/14.
Amends GS 54-109.58(d), 54B-129(a), and 54C-165(a), conforming and updating the laws governing joint accounts in credit unions, savings and loan associations, and savings banks to the law governing banks. Provides that a pledge of a joint account by any one or more of the joint tenants, unless otherwise agreed between the organization and all joint tenants in writing, will be a valid pledge and transfer of the account or of the amount involved. The pledge will be considered binding on all joint tenants and will not operate to sever or terminate any joint ownership of any part of the account, and will survive the death of any joint tenant. Deletes language in each section that previously spoke to pledges of accounts of joint ownership.
Makes technical changes.
View: All Summaries for Bill