Bill Type
Long Title
AN ACT PENALIZING BANKS FOR FAILURE OF THE DEPOSITORS TO MAKE WITHDRAWALS FROM THEIR AUTOMATED TELLER MACHINES FOR WHATEVER CAUSE, EXCEPT WHERE NO FUNDS REMAIN IN THE DEPOSITOR'S ACCOUNT
Date filed
June 28, 2000
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB11811 | |
| FULL TITLE : AN ACT PENALIZING BANKS FOR FAILURE OF THE DEPOSITORS TO MAKE WITHDRAWALS FROM THEIR AUTOMATED TELLER MACHINES FOR WHATEVER CAUSE, EXCEPT WHERE NO FUNDS REMAIN IN THE DEPOSITOR'S ACCOUNT | |
| ABSTRACT : It shall be the policy of the State to protect its citizens from all forms of arbitrariness. In line with this policy, the Government shall adopt and implement measures necessary to carry out such policy for the protection of the citizenry particularly bank depositors from unreasonable failure to withdraw their money which under the law, are loaned only to the banks. | |
| PRINCIPAL AUTHOR/S : PADILLA, CASIMIRO ROY JR. A. | |
| DATE FILED : 2000-06-28 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2000-07-18 |
Abstract
It shall be the policy of the State to protect its citizens from all forms of arbitrariness. In line with this policy, the Government shall adopt and implement measures necessary to carry out such policy for the protection of the citizenry particularly bank depositors from unreasonable failure to withdraw their money which under the law, are loaned only to the banks.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.