CS/SB 1184: Bank Property of Deceased Accountholders
GENERAL BILL by Banking and Insurance ; Baxley
Bank Property of Deceased Accountholders; Specifying that a financial institution is not prohibited from disclosing specified information to certain persons relating to deceased account holders; authorizing a financial institution to pay to the authorized family member of a decedent depositor, without any court proceeding, order, or judgment authorizing the payment and not earlier than a specified time, the funds in the decedent’s qualified accounts if the sum does not exceed a specified amount; requiring the authorized family member to provide the financial institution a certified copy of the decedent’s death certificate and a specified affidavit in order to receive the funds, etc.
• Referred to Banking and Insurance; Judiciary; Rules -SJ 122
• Introduced -SJ 122
• On Committee agenda-- Banking and Insurance, 03/11/19, 4:00 pm, 412 Knott Building
• CS by Banking and Insurance; YEAS 7 NAYS 0 -SJ 196
• Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Judiciary
• CS by Banking and Insurance read 1st time -SJ 248
• Indefinitely postponed and withdrawn from consideration
• Died in Judiciary
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