South Carolina General Assembly
120th Session, 2013-2014

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H. 3439

STATUS INFORMATION

General Bill
Sponsors: Rep. Rutherford
Document Path: l:\council\bills\nl\13117dg13.docx

Introduced in the House on January 29, 2013
Currently residing in the House Committee on Labor, Commerce and Industry

Summary: ATM, Bank Teller Machine

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
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   1/29/2013  House   Introduced and read first time (House Journal-page 13)
   1/29/2013  House   Referred to Committee on Labor, Commerce and Industry 
                        (House Journal-page 13)

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/29/2013

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 34-3-120 SO AS TO PROVIDE THAT IF A PERSON DEPOSITS CASH IN AN AUTOMATED TELLER MACHINE, AND THE MONEY IS NOT CREDITED TO THE PERSON'S ACCOUNT DUE TO AN ERROR, THE BANK MUST ISSUE THE PERSON A PROVISIONAL CREDIT UPON NOTIFICATION OF THE ERROR AND INVESTIGATE THE MATTER WITHIN THREE CALENDAR DAYS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Article 1, Chapter 3, Title 34 of the 1976 Code is amended by adding:

"Section 34-3-120.    If a person deposits cash in an automated teller machine, and the money is not credited to the person's account due to an automated teller machine error, the bank that maintains the account must issue the person a provisional credit upon notification of the error. The bank must investigate and determine whether an error was made within three calendar days of notification. If the bank does not investigate the error or revoke the provisional credit within three days of notification, the provisional credit becomes final."

SECTION    2.    This act takes effect upon approval by the Governor.

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This web page was last updated on Thursday, February 28, 2013 at 3:45 P.M.