HB 131 (2003): relative to enforcement of negotiable instruments under Article 3 of the Uniform Commercial Code.

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@misc{bill-2003-hb131, title = {HB 131 (2003): relative to enforcement of negotiable instruments under Article 3 of the Uniform Commercial Code.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2003/hb131}, note = {Accessed 24 Oct. 2026} }

HB 131 (2003)

relative to enforcement of negotiable instruments under Article 3 of the Uniform Commercial Code.

  • Status: Signed into law
  • Term: 2003-2004
  • House committee: Commerce
  • Senate committee: Banks
  • Subject: Banking and Finance
  • Chapter law: 121

The Story

It was introduced on January 8, 2003 and referred to the House Commerce committee. The committee held a public hearing on January 29, 2003. The majority of the committee recommended that the House pass it unanimously, 13–0, and the report was placed on the consent calendar. On February 20, 2003 the House voted to pass it. It crossed to the Senate on March 13, 2003 and was referred to the Senate Banks committee. The committee held a public hearing on April 8, 2003. The committee recommended that the Senate pass it. On May 22, 2003 the Senate voted to pass it on a voice vote and ordered it to a third reading. On May 22, 2003 the Senate voted to pass it. The bill was enrolled on June 5, 2003 — the final check of the text before it goes to the governor. The governor signed it on June 12, 2003, making it Chapter 121 of the session laws. It took effect on January 1, 2004.

Sponsors

Hearings and Sessions

  • January 29, 2003, 10:00 AM: hearing, House Commerce, RM302,LOB
  • April 8, 2003, 2:00 PM: hearing, Senate Banks, SH 103

Votes

  • May 22, 2003, Senate: Ought to Pass — voice vote, passed

The Docket

  • January 8, 2003: Introduced and ref to Commerce; (See Permanent Journal)
  • January 8, 2003: Copy to Chairman on 1/07/2003
  • January 29, 2003: Hearing Jan 29 10:00 RM302,LOB
  • February 11, 2003: Maj Report OTP for Feb 20 (Vote 13-0;CC)
  • February 20, 2003: Passed
  • March 13, 2003: Introduced and Ref. to Banks
  • April 8, 2003: Hearing; April 8, 2003, Room 103, SH, 2:00 p.m.; SC17
  • May 15, 2003: Committee Report; Ought to Pass [05/22/03]; SC23
  • May 22, 2003: Ought to Pass, MA, VV; OT3rdg
  • May 22, 2003: Passed by 3rd Reading Resolution
  • May 29, 2003: Enrolled
  • June 5, 2003: Enrolled
  • June 12, 2003: Signed by the Governor on 6/12/2003 Eff: 1/1/2004 Chap: 0121

Laws It Would Change

From the General Court