Relating to check-cashing businesses; declaring an emergency.
Catchline/Summary:
Prohibits check-cashing business from commencing action as holder in due course against maker of payment instrument if maker is consumer and payee is business entity or person that has registered assumed business name. Prohibits check-cashing business from commencing action as holder in due course against maker of payment instrument if maker is consumer and payee is business entity or person that has registered assumed business name.
Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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HB 3443 House Committee On General Government and Consumer Protection
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