NY A05906 | 2009-2010 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 23 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to banks
Pending: Assembly Banks Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 23 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to banks
Pending: Assembly Banks Committee
Text: Latest bill text (Introduced) [HTML]
Summary
To require banks authorized to do business in the state to accept a statutory short form power of attor- ney.
Title
Requires all banking institutions in the state to accept a statutory short form power of attorney and powers of attorney which survive disability or incompetence; references existing provisions relating to powers of attorney in the general obligations law; holds banks harmless for such acceptance unless they have actual written notice of revocation or termination.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-06 | referred to banks | |
| 2009-02-23 | referred to banks |
