5613-S AMH CL KELL1 heav

 

By Representative Heavey

 

 


SSB 5613 - H COMM AMD ADOPTED 4-11-91

By Committee on Commerce & Labor

     On page 2, after line 29, insert:

     "(10)  "Negotiable written instruments" include, but are not limited to, stocks, bonds, notes, or promissory notes, and checks of any kind, and shall not be accepted nor shall they constitute personal property for the purpose of a loan transaction."

 


EFFECT:  Prohibits the pawning of negotiable instruments, such as checks.