Skip to main content

SB106 Alabama 2019 Session

Updated Apr 26, 2021
SB106 Alabama 2019 Session
Senate Bill
Enacted
Current Status
Regular Session 2019
Session
1
Sponsor

Summary

Session
Regular Session 2019
Title
Age of majority, members of Armed Forces, may open checking or savings account, Sec. 26-1-5 am'd.
Description

Under existing law, a person who arrives at the age of 19 years attains the age of majority and is relieved of his or her disabilities of minority.

Also under existing law, for the purposes of contracting for educational loans for college level education and above, the age of majority is 17 years of age.

This bill would provide that, for purposes of contracting with a bank, credit union, or similar savings and loan institution, including to obtain a loan or open a checking or savings account, a member of the Armed Forces of the United States shall be deemed to have attained the age of majority and shall be relieved of his or her disabilities of minority for that purpose.

Subjects
Banks and Banking

Bill Actions

S

Assigned Act No. 2019-222.

H

Signature Requested

S

Enrolled

S

Passed Second House

H

Motion to Read a Third Time and Pass adopted Roll Call 704

H

Third Reading Passed

H

Read for the second time and placed on the calendar

H

Read for the first time and referred to the House of Representatives committee on Financial Services

S

Engrossed

S

Motion to Read a Third Time and Pass adopted Roll Call 341

S

Jones motion to Adopt adopted Roll Call 340

S

Jones Amendment Offered

S

Third Reading Passed

S

Read for the second time and placed on the calendar

S

Read for the first time and referred to the Senate committee on Banking and Insurance

Bill Text

Votes

Motion to Read a Third Time and Pass

April 18, 2019 Senate Passed
Yes 33
Absent 2

Documents

Source: Alabama Legislature