Checks; additional recovery if stop-payment order placed in bad faith. (HB1683)

Introduced By

Del. Onzlee Ware (D-Roanoke)

Progress

√
 Introduced
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 Passed Committee
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 Passed House
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 Passed Senate
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 Signed by Governor
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 Became Law

Description

Checks; stop-payment; civil actions. Provides that a party may recover against the drawer of a check, draft, or order the face amount of the check and other costs and fees if payment was refused because the drawer placed a stop-payment order on the check in bad faith. Currently, the law only allows for recovery if payment was refused because of lack of funds or credit. Amends § 8.01-27.1 (“Additional recovery in certain civil actions concerning checks.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History

Comments

Jay S., tracking this bill in Photosynthesis, notes:

Is he doing this for the payday lenders?

Posted 41 months ago.
Valerie Garner writes:

The Treasurer of Roanoke City requested this because of checks delivered to the Treasurer and the party immediately turning around and placing a stop-payment on it (bad faith).

Posted 40 months ago.