SB 805 - Crawford, Sandy
Allows minors to contract to open a bank account
Bill Details
Sponsor
Crawford, Sandy
LR Number
5431S.01I
Title
SB 805
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2018
Committee
Current Status
Hearing Conducted S Insurance and Banking Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 805 - Under this act, a minor who is 16 years or older and in the legal custody of the Children's Division may contract with a bank to open a checking or savings account. The minor shall be responsible for all costs and penalties associated with the account.
This act is substantially similar to a provision in the truly agreed to CCS/SB 819 (2018), a provision in the perfected HCB 11 (2018), and HB 1715 (2018).
SCOTT SVAGERA