Financial institution, payment or delivery of small asset by affidavit, check, etc. (SB1186)

Introduced By

Sen. Ben Chafin (R-Lebanon)

Progress

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

Description

Payment or delivery of small asset by affidavit; check, draft, or other negotiable instrument; financial institution. Provides that a financial institution accepting a small asset that is a check, draft, or other negotiable instrument presented by an affidavit is discharged from all claims for the amount accepted. Amends § 64.2-601, of the Code of Virginia. Read the Bill »

Status

01/17/2019: Passed the Senate

History

DateAction
01/03/2019Prefiled and ordered printed; offered 01/09/19 19101507D
01/03/2019Referred to Committee for Courts of Justice
01/14/2019Reported from Courts of Justice (11-Y 0-N 1-A) (see vote tally)
01/15/2019Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/16/2019Read second time and engrossed
01/17/2019Read third time and passed Senate (40-Y 0-N)

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