BILL · 1991–92 SESSION

HB 1095: Funds transfers to the UCC

Adding a new Article regarding funds transfers to the Uniform Commercial Code.

Summary

  • A new Article 4A, entitled Funds Transfers, is added to the state Uniform Commercial Code (UCC). Article 4A governs the rights and responsibilities of parties to a funds transfer executed by or through financial institutions and includes standards for the issuance, acceptance, execution and enforceability of payment orders.

From the Senate Bill Report (HB 1095), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 21, Laws of 1991, 1st Special Session
  1. IntroducedJan 18, 1991
  2. Out of committee
  3. Passed HouseMar 12, 1991
  4. Passed SenateJun 24, 1991
  5. Governor
  6. LawJul 2, 1991
Prime sponsor
Marlin Appelwick (D-46)
Introduced
January 18, 1991 in the House
Last action
July 2, 1991
Session law
Chapter 21, Laws of 1991, 1st Special Session

Sponsors

Prime sponsor: Marlin Appelwick (D-46)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

House · Final Passage

March 12, 1991
Version voted on: HB 1095
95 Yea 0 Nay 1 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat55012
Republican40000
How each member voted

Yea (95)

Absent (1)

Excused (2)

House · Final Passage

June 19, 1991
Version voted on: HB 1095
93 Yea 0 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat55003
Republican38002
How each member voted

Yea (93)

Senate · Final Passage

June 24, 1991
Version voted on: HB 1095
46 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat22002
Republican24001
How each member voted

House · Final Passage

June 26, 1991
Version voted on: HB 1095
94 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat56002
Republican38002
How each member voted

Yea (94)

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 1095 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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