House File 2171 - Enrolled




                              HOUSE FILE       
                              BY  COMMITTEE ON COMMERCE

                              (SUCCESSOR TO HSB 532)
 \5
                                   A BILL FOR
 \1
                                        House File 2171

                             AN ACT
 RELATING TO STOPPING PAYMENT ON A NEGOTIABLE INSTRUMENT
    BY USING AN ELECTRONIC RECORD IN LIEU OF A WRITING.

 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
    Section 1.  Section 554.4403, Code 2018, is amended by adding
 the following new subsection:
    NEW SUBSECTION.  2A.  In addition to a stop=payment order
 made or renewed in writing as described in subsection 2, an
 equivalent stop=payment order may also be made or renewed as
 part of a record that is stored in an electronic medium,
  and submitted to the bank, which may include delivery via
 electronic transmission.


                                                             
                               LINDA UPMEYER
                               Speaker of the House


                                                             
                               CHARLES SCHNEIDER
                               President of the Senate
    I hereby certify that this bill originated in the House and
 is known as House File 2171, Eighty=seventh General Assembly.


                                                             
                               CARMINE BOAL
                               Chief Clerk of the House
 Approved                , 2018


                                                             
                               KIM REYNOLDS
                               Governor

                             -1-