General Assembly Proposed Bill No. 360
January Session, 2017 LCO No. 2358
*02358*
Referred to Committee on JUDICIARY
Introduced by:
SEN. KISSEL, 7th Dist.
General Assembly
Proposed Bill No. 360
January Session, 2017
LCO No. 2358
*02358*
Referred to Committee on JUDICIARY
Introduced by:
SEN. KISSEL, 7th Dist.
AN ACT CONCERNING THE UNIFORM COMMERCIAL CODE AND THE ELECTRONIC FUND TRANSFER ACT.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 42a-4a-108 of the general statutes be amended to provide that article 4A does apply to a remittance transfer that is not an electronic funds transfer under the federal Electronic Fund Transfer Act.
Statement of Purpose:
To amend section 42a-4a-108 in order to adopt the 2012 Uniform Commercial Code amendments, which provide that article 4A does apply to a remittance transfer that is not an electronic funds transfer under the federal Electronic Fund Transfer Act.