AB 257 California Assembly · 2015-2016 Regular Session

Banking.

Summary
Under existing law, the Banking Law, when a statement of account has been rendered by a bank to a depositor accompanied by vouchers, if any, which are the basis for debit entries in that account, that account is required, after the period of four years from the date of its rendition, in the event no objection thereto has been theretofore made by the depositor, to be deemed finally adjusted and settled and its correctness conclusively presumed, and that depositor is required thereafter to be barred from questioning the correctness of that account for any cause. This bill would make nonsubstantive changes to that provision.
Bill status died 1 of 4 stages cleared
Introduction
Feb 2015
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2015 Last action Feb 1, 2016
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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
1
Feb 10, 2015
Lower · Passed
From printer. May be heard in committee March 12.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Katcho Achadjian
Katcho Achadjian
RRepublican
CA
35