SB 1627 - Trent, Curtis
Modifies provisions relating to stop-payment orders under the UCC
Bill Details
Sponsor
LR Number
6949S.01I
Title
SB 1627
House Handler
N/A
Journal Page
Effective Date
August 28, 2026
Committee
Current Status
Second Read and Referred S Insurance and Banking Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 1627 - Current law provides that a stop-payment order for a draw on any account is only effective for six months. This act repeals the six-month limitation and provides that a stop-payment order is effective unless cancelled by a person authorized to draw on the account.
SCOTT SVAGERA