SB106 Alabama 2019 Session
Summary
- Primary Sponsor
Andrew JonesSenatorRepublican- 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
Assigned Act No. 2019-222.
Signature Requested
Enrolled
Passed Second House
Motion to Read a Third Time and Pass adopted Roll Call 704
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Financial Services
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 341
Jones motion to Adopt adopted Roll Call 340
Jones Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Banking and Insurance
Bill Text
Votes
Jones motion to Adopt
Motion to Read a Third Time and Pass
Documents
Source: Alabama Legislature