Kentucky HB 317: AN ACT relating to deferred deposit transactions. Create a new section of Subtitle 9 of KRS Chapter 286 to establish definitions for "available resources," "expenses," and "relevant period"; require deferred deposit service business licensees to verify a customer's available resources and expenses during each relevant period; prohibit licensees from entering into a deferred deposit transaction if the licensee determines that a customer's expenses exceed a customer's available resources during any relevant period.

Status: To Banking & Insurance (H) (as of 2018-02-08)

State: Kentucky · Session: 2018RS · Bill: HB 317

Sponsors: J. Jenkins, M. Dossett

View Kentucky HB 317 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.