SB 541 - Financial Institutions; provide for guaranteed asset protection waivers; scope; purposes; definitions; requirements for offering

Current Version

PDF Version

Committees

SC:B&FI
HC:

Current Status

03/06/08 - Senate Read Second Time

First Reader Summary

A BILL to be entitled an Act to amend Chapter 1 of Title 7 of the Official Code of Georgia Annotated, relating to financial institutions, so as to provide for guaranteed asset protection waivers; to provide for legislative intent; to provide for scope; to provide for purposes; to provide for definitions; to provide for requirements for offering; to provide for contractual liability or other insurance policies; to provide for disclosures; to provide for cancellation; to provide for exempted commercial transactions; to provide for; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

Status History

Bill History
Date	Action
03/04/2008	Senate Read and Referred
03/05/2008	Senate Committee Favorably Reported
03/06/2008	Senate Read Second Time

Versions

As introduced LC 37 0675