TREASURER-PRESENTMENT WARRANTY
Engrossed on 4/9/26
Summary
Amendment can translate this bill from legal jargon into easy-to-understand language. Sign up to try it for free.
- Takes 30 seconds
- Free
- No credit card required
From the Legislature
Amends the State Treasurer Act. Provides that the State Treasurer may bring a claim against a warrantor of a draft for breach of a presentment warranty to recover State funds in accordance with the Uniform Commercial Code. Provides that a claim brought by the State Treasurer is not subject to the limitations provided for in those provisions of the Uniform Commercial Code. Provides that the amendatory changes are declaratory of existing law. Effective immediately.
Sponsors
DDD
3
0
Democratic CaucusRepublican Caucus
Calendar
Feb 25
2:00 PM
House State Government Administration Committee Hearing
Mar 19
2:00 PM
House State Government Administration Committee Hearing