An Act relative to inactive bank account fees

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to inactive bank account fees

An Act relative to inactive bank account fees By Representative Smola of Warren, a petition (accompanied by bill, House, No.

What This Bill Does

• An Act relative to inactive bank account fees By Representative Smola of Warren, a petition (accompanied by bill, House, No.
• 1327) of Todd M.
• Smola relative to fees for certain inactive bank accounts.
• Financial Services.

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Official Summary Text

An Act relative to inactive bank account fees
By Representative Smola of Warren, a petition (accompanied by bill, House, No. 1327) of Todd M. Smola relative to fees for certain inactive bank accounts. Financial Services.

Current Bill Text

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Bill H.1327

Section 5 of Chapter 167D of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by inserting after the word “depositor” in line 12, the following:

“; or (iv) a fee for inactive accounts.”

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