HB 1064 Modifies provisions relating to contractual fees charged by certain financial institutions

Current Bill Summary

- Prepared by Senate Research -


HB 1064 - This act prohibits any contractual fee charged by a bank, trust company, association, or credit union for overdrawing the balance of a deposit account from being deemed as interest.

This act is identical to SB 524 (2015) which was Truly Agreed To and Finally Passed.

SCOTT SVAGERA


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