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H. 3439
STATUS INFORMATION
General Bill
Sponsors: Rep. Rutherford
Document Path: l:\council\bills\nl\13117dg13.docx
Introduced in the House on January 29, 2013
Currently residing in the House Committee on Labor, Commerce and Industry
Summary: ATM, Bank Teller Machine
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 1/29/2013 House Introduced and read first time (House Journal-page 13) 1/29/2013 House Referred to Committee on Labor, Commerce and Industry (House Journal-page 13)
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 34-3-120 SO AS TO PROVIDE THAT IF A PERSON DEPOSITS CASH IN AN AUTOMATED TELLER MACHINE, AND THE MONEY IS NOT CREDITED TO THE PERSON'S ACCOUNT DUE TO AN ERROR, THE BANK MUST ISSUE THE PERSON A PROVISIONAL CREDIT UPON NOTIFICATION OF THE ERROR AND INVESTIGATE THE MATTER WITHIN THREE CALENDAR DAYS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 3, Title 34 of the 1976 Code is amended by adding:
"Section 34-3-120. If a person deposits cash in an automated teller machine, and the money is not credited to the person's account due to an automated teller machine error, the bank that maintains the account must issue the person a provisional credit upon notification of the error. The bank must investigate and determine whether an error was made within three calendar days of notification. If the bank does not investigate the error or revoke the provisional credit within three days of notification, the provisional credit becomes final."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Thursday, February 28, 2013 at 3:45 P.M.