Text: HSB00110 Text: HSB00112 Text: HSB00100 - HSB00199 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 537.2501, subsection 1, Code 1999, is
1 2 amended by adding the following new paragraph:
1 3 NEW PARAGRAPH. i. With respect to a creditor which is a
1 4 bank organized under chapter 524 or 12 U.S.C. } 21, an annual
1 5 account maintenance fee, payable in advance, for the privilege
1 6 of maintaining a demand deposit account with a line of credit
1 7 that may be accessed by the account holder writing a check.
1 8 EXPLANATION
1 9 This bill amends Code section 537.2501 and provides that in
1 10 addition to other permissible charges, a state or national
1 11 bank may charge an annual account maintenance fee, payable in
1 12 advance, for the privilege of maintaining a demand deposit
1 13 account with a line of credit that may be accessed by the
1 14 account holder writing a check.
1 15 LSB 2154HC 78
1 16 mj/gg/8
Text: HSB00110 Text: HSB00112 Text: HSB00100 - HSB00199 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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