2009 Senate Bill 781

Require financial institution account error notification

Introduced in the Senate

Aug. 27, 2009

Introduced by Sen. Dennis Olshove (D-9)

To require a savings bank that makes an error in dispensing money from a customer's account and subsequently debits (adds) or withdraws money from the account to correct the error to inform each account holder within 48 hours.

Referred to the Committee on Banking and Financial Institutions