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HB 1502 (2026)

Adopt Uniform Special Deposits Act

This bill is still active.

Last updated 2026-06-19 9:46 am
Summary:

Enacts the "Uniform Special Deposits Act" to provide a legal framework for banks to hold funds for specific beneficiaries and contingencies, protecting them from other creditors.

Bill Sponsor:
John B. Hunt
Republican party logo
Status:
PASSED
Public Hearing Date:
03/31/2026 10:25 am
Public Hearing Location:
SH Room 100
House Voting Date:
03/11/2026
Senate Voting Date:
05/07/2026
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