H 1081
An Act relative to customer reimbursement in instances of financial fraud
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, H.1081, aimed to establish a process for customers to be reimbursed when they are victims of financial fraud. It proposed creating a fund to cover losses incurred due to fraudulent activity, particularly involving financial institutions. The bill sought to provide a clear pathway for victims to recover their funds and hold financial institutions accountable. Ultimately, the bill failed to pass the legislature.
Sponsors
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Primary sponsor
Bruce J. Ayers
Cosponsor
Bruce J. Ayers
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