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SB1627 • 2026

Modifies provisions relating to stop-payment orders under the UCC

Modifies provisions relating to stop-payment orders under the UCC

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Trent, Curtis; House handler: N/A
Last action
2026-02-12
Official status
Second Read and Referred S Insurance and Banking Committee
Effective date
2026-08-28

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2026-02-12 S384

    Second Read and Referred S Insurance and Banking Committee

  2. 2026-02-05 S299

    S First Read

Official Summary Text

The following summaries of this bill are available:

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Introduced

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SB 1627 - Current law provides that a stop-payment order for a draw on any account is only effective for six months. This act repeals the six-month limitation and provides that a stop-payment order is effective unless cancelled by a person authorized to draw on the account.
SCOTT SVAGERA