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SB 370 IN
Became Law

Limitation on actions concerning deposit accounts.

IN · session 2021 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 12, 2021

Latest action (Apr 22, 2021) Public Law 102

Summary

Amends the statute concerning the statute of limitations for actions upon promissory notes, bills of exchange, or other written contracts for the payment of money to include actions upon deposit accounts. Specifies that the bill's provisions are intended to be a restatement of the law and not a substantive change in the law and as such shall be applied with respect to deposit accounts executed during the applicable time frames set forth in the statute.

Sponsors (3)

2 coauthors / cosponsors
  • Donna Schaibley · cosponsor
  • Jeff Ellington · cosponsor

Action history (22)

  1. Jan 12, 2021 Authored by Senator Zay · upper
  2. Jan 12, 2021 First reading: referred to Committee on Insurance and Financial Institutions · upper
  3. Feb 4, 2021 Committee report: amend do pass, adopted · upper
  4. Feb 9, 2021 Second reading: ordered engrossed · upper
  5. Feb 11, 2021 Third reading: passed; Roll Call 96: yeas 47, nays 0 · upper
  6. Feb 11, 2021 Senator Bohacek added as second author · upper
  7. Feb 11, 2021 House sponsor: Representative Carbaugh · upper
  8. Feb 11, 2021 Cosponsor: Representative Schaibley · upper
  9. Feb 12, 2021 Referred to the House · upper
  10. Mar 2, 2021 First reading: referred to Committee on Financial Institutions and Insurance · lower
  11. Mar 9, 2021 Committee report: amend do pass, adopted · lower
  12. Mar 11, 2021 Second reading: ordered engrossed · lower
  13. Mar 15, 2021 Third reading: passed; Roll Call 260: yeas 94, nays 1 · lower
  14. Mar 15, 2021 Representative Ellington added as cosponsor · lower
  15. Mar 16, 2021 Returned to the Senate with amendments · lower
  16. Mar 29, 2021 Motion to concur filed · upper
  17. Apr 1, 2021 Senate concurred in House amendments; Roll Call 322: yeas 48, nays 0 · upper
  18. Apr 12, 2021 Signed by the President Pro Tempore · upper
  19. Apr 13, 2021 Signed by the Speaker · lower
  20. Apr 21, 2021 Signed by the President of the Senate · upper
  21. Apr 22, 2021 Signed by the Governor · executive
  22. Apr 22, 2021 Public Law 102 · upper
Subjects
CIVIL ACTIONS, Statute of LimitationsFINANCIAL INSTITUTIONS

Text versions (4)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Enrolled Senate Bill (S) · Apr 5, 2021 · PDF
  • Introduced Senate Bill (S) · Jan 12, 2021 · PDF
  • Senate Bill (S) · Feb 4, 2021 · PDF
  • Senate Bill (H) · Mar 9, 2021 · PDF

Full text

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Data from OpenStates. View on OpenStates →