California 2015-2016 Regular Session Status: Introduced

AB 257 — Banking.

Last action — Died at Desk.

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2015-2016 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Under existing law, the Banking Law, when a statement of account has been rendered by a bank to a depositor accompanied by vouchers, if any, which are the basis for debit entries in that account, that account is required, after the period of four years from the date of its rendition, in the event no objection thereto has been theretofore made by the depositor, to be deemed finally adjusted and settled and its correctness conclusively presumed, and that depositor is required thereafter to be barred from questioning the correctness of that account for any cause. This bill would make nonsubstantive changes to that provision.

Bill Text

What changed in the latest version

1 added · 1 removed

1 line(s) added, 1 removed.

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Action History

  1. Died at Desk.

  2. From printer. May be heard in committee March 12.

  3. Read first time. To print.

Sponsors

  • Achadjian · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • Achadjian

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 257 do?
Under existing law, the Banking Law, when a statement of account has been rendered by a bank to a depositor accompanied by vouchers, if any, which are the basis for debit entries in that account, that account is required, after the period of four years from the date of its rendition, in the event no objection thereto has been theretofore made by the depositor, to be deemed finally adjusted and settled and its correctness conclusively presumed, and that depositor is required thereafter to be barred from questioning the correctness of that account for any cause. This bill would make nonsubstantive changes to that provision.
Who sponsors AB 257?
AB 257 is sponsored by Achadjian.
What is the current status of AB 257?
This bill died with 2015-2016 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 257?
Track AB 257 free on One Click Politics — get push/email alerts when it moves.

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