Bill Type
Full Title of Bill
AN ACT AMENDING ACT NO. 2031, OTHERWISE KNOWN AS THE NEGOTIABLE INSTRUMENTS LAW, BY REQUIRING THE DRAWER OF THE CHECK TO LEGIBLY PRINT HIS/HER NAME BEFORE SIGNING THE SAME
Congress Author
Date filed
March 16, 2023
Date Read
March 21, 2023
Bill Status
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2023-03-21

Legislative History

House Bill/Resolution NO. HB07656
FULL TITLE : AN ACT AMENDING ACT NO. 2031, OTHERWISE KNOWN AS THE NEGOTIABLE INSTRUMENTS LAW, BY REQUIRING THE DRAWER OF THE CHECK TO LEGIBLY PRINT HIS/HER NAME BEFORE SIGNING THE SAME
ABSTRACT : Intends to protect the public and the economy from the proliferation or worthless or bouncing checks. Provides an additional requirement that must be conformed for an instrument to be negotiable in case of the drawer of the check.
PRINCIPAL AUTHOR/S : RODRIGUEZ, RUFUS B.
DATE FILED : 2023-03-16
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Acharon (000 2023-05-15)
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2023-03-21

Abstract

ABSTRACT : Intends to protect the public and the economy from the proliferation or worthless or bouncing checks. Provides an additional requirement that must be conformed for an instrument to be negotiable in case of the drawer of the check.

Significance