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2013 House Bill 5119: Revise Uniform Commercial Code fund transfer details

Public Act 105 of 2014

Introduced by Rep. Rob VerHeulen (R) on October 31, 2013 To revise and update definitions and details of the Uniform Commercial Code law that governs funds transfers and electronic funds transfers.   Official Text and Analysis.
Referred to the House Financial Services Committee on October 31, 2013
Reported in the House on March 12, 2014 Without amendment and with the recommendation that the bill pass.
Passed 110 to 0 in the House on March 20, 2014 (same description)
To revise and update definitions and details of the Uniform Commercial Code law that governs funds transfers and electronic funds transfers.
Received in the Senate on March 25, 2014
Referred to the Senate on March 25, 2014
Passed 36 to 0 in the Senate on March 25, 2014
Moved to reconsider by Sen. Arlan Meekhof (R) on March 25, 2014 The vote by which the bill was passed.
The motion passed by voice vote in the Senate on March 25, 2014
Received in the Senate on March 25, 2014
Passed 37 to 0 in the Senate on March 25, 2014
Signed by Gov. Rick Snyder on April 7, 2014

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