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House Journal: Page 1211: Tuesday, April 4, 1995

SENATE FILE 440 SUBSTITUTED FOR HOUSE FILE 527
Moreland of Wapello asked and received unanimous consent to
substitute Senate File 440 for House File 527.
Senate File 440, a bill for an act relating to probate including
the lien period for estates which have not been administered,
the amount which may be passed to a minor without appointing a
conservator, the distribution of an intestate estate to the
parents, and special use trusts, was taken up for consideration.
Gipp of Winneshiek asked and received unanimous consent that
Senate File 440 be deferred and that the bill be placed on the
unfinished business calendar.
House File 499, a bill for an act relating to abandoned property
subject to control by the treasurer of state, was taken up for
consideration.
Jacobs of Polk offered the following amendment H-3543 filed by
Jacobs, et. al., and moved its adoption:
H-3543
 1     Amend House File 499 as follows:
 2     1.  Page 1, by inserting before line 1 the follow-
 3   ing:
 4     "Section 1.  Section 556.1, Code 1995, is amended
 5   by adding the following new subsection:
 6     NEW SUBSECTION.  5A.  "Money order" includes an
 7   express money order and a personal money order, on
 8   which the remitter is the purchaser.  "Money order"
 9   does not include a bank money order or any other
10   instrument sold by a banking or financial organization
11   if the seller has obtained the name and address of the
12   payee.
13     Sec. 2.  Section 556.2, subsection 4, Code 1995, is
14   amended to read as follows:
15     4.  Any sum payable on checks certified in this
16   state or on written instruments issued in this state
17   on which a banking or financial organization or
18   business association is directly liable, including, by
19   way of illustration but not of limitation,
20   certificates of deposit, drafts, money orders, and
21   traveler's checks, that, with the exception of
22   traveler's checks and money orders, has been
23   outstanding for more than three years from the date it
24   was payable, or from the date of its issuance if
25   payable on demand, or, in the case of traveler's
26   checks, that has been outstanding for more than
27   fifteen years from the date of its issuance, or, in

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 1)

© 1995 Cornell College and League of Women Voters of Iowa

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Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/01200/01211.html
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