Bill

Bill > H3583


MA H3583

MA H3583
Relative to customer reimbursement in instances of financial fraud


summary

Introduced
03/30/2023
In Committee
03/30/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to customer reimbursement in instances of financial fraud. Financial Services.

AI Summary

This bill amends Chapter 167 of the General Laws to require banks to reimburse customers for any money lost due to fraudulent charges on their accounts within 30 days. It also states that a bank's failure to reimburse a customer for fraudulent charges would be considered an unfair practice under Section 2D.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H4898 (on 07/24/2024)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/H3583
BillText https://malegislature.gov/Bills/193/H3583.pdf
Loading...