Bill number does not exist. Enter a vaild keyword.
Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Commercial Law - Consumer Wire Transfers - Liability (Elder Fraud Prevention Act of 2024)
Sponsored by
Delegates Stewart and Griffith
Status
In the House - Hearing 2/27 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Exempting consumer wire transaction from certain provisions of the Maryland Uniform Commercial Code; limiting liability for damages resulting from consumer wire transfers; defining sufficient notice; requiring investigations; requiring decisions and materials be provided to a consumer; subjecting financial institutions to treble damages; subjecting financial institutions to liability for violation of the Act; prohibiting waiver of consumer rights under the Act; etc.
Details
Cross-filed with: SB0930
Bill File Type: Regular
Effective Date(s): October 1, 2024
Legislation History
Chamber
House
Calendar Date
2/07/2024
Legislative Date
2/07/2024
Action
First Reading Economic Matters
Proceedings
Chamber
House
Calendar Date
2/08/2024
Legislative Date
2/08/2024
Action
Hearing 2/27 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/07/2024 2/07/2024 First Reading Economic Matters
House 2/08/2024 2/08/2024 Hearing 2/27 at 1:00 p.m.
Text - First - Commercial Law - Consumer Wire Transfers - Liability (Elder Fraud Prevention Act of 2024)
(   12-1501 through 12-1507, 4A-102,   4A-108   )
Last Updated: 4/1/2024 1:21 PM
Click to return on the top page