A bill to limit the number of days a depository institution may restrict the availability of funds which are deposited by check or any other similar instrument.

referredUnited States· United States Congress· EN

Introduced

8 February 1984

Last action

—

Status

Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

Summary

Entitles an individual to withdraw funds deposited by check or other similar instrument in such individual's account at a depository institution: (1) not later than one business day after deposit, if such deposit was a check or other similar instrument issued by the Federal Government or any State or local government; and (2) not later than four business days after deposit, if it was a check or other similar instrument issued by anyone other than the Federal Government or any State or local government.

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Documents

1 official file

Introduced in House
summary · EN · 8 February 1984
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/98th-congress/house-bill/4795
Open data entity: https://api.congress.gov/v3/bill/98/hr/4795