This page is an unofficial LFoD record and is not legal advice. Verify the document against the official source before relying on it.

SB194: relative to the negotiation of payroll checks.

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

Sponsors

Topics

COMMERCE, LABOR AND CONSUMER PROTECTION

Official links

SB 194 – AS INTRODUCED

2009 SESSION

09-1025

05/03

SENATE BILL 194

AN ACT relative to the negotiation of payroll checks.

ANALYSIS

This bill requires a bank to cash payroll checks upon presentation of sufficient identification without requiring the payee to maintain an account at that institution.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

09-1025

05/03

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nine

AN ACT relative to the negotiation of payroll checks.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Subdivision; Payroll Checks. Amend RSA 384 by inserting after section 69 the following new subdivision:

Negotiation of Payroll Checks

384:70 Negotiation of Payroll Checks. Each bank, as defined in RSA 384:57, II, doing business in the state shall cash, without a fee and for its face value, properly endorsed payroll checks drawn on that bank and presented by the payee, upon sufficient identification, notwithstanding the fact that the payee does not maintain an account with the institution. For purposes of this section, “sufficient identification” shall mean a photo identification card issued to the payee by the department of safety or the bank where the check is presented for payment.

2 Effective Date. This act shall take effect January 1, 2010.