HOUSE BILL No. 5198


     October 11, 2001, Introduced by Reps. Daniels, Jamnick, Quarles, Neumann, Hale, DeWeese, Wojno, Voorhees, Anderson, Clark, Garza,
Woronchak, Kolb, Stallworth, Toy, McConico, O'Neil, Hardman and Lemmons and referred to the Committee on Commerce.


        A bill to amend 1999 PA 276, entitled

   "Banking code of 1999,"

   (MCL 487.11101 to 487.15105) by adding section 4110.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1
           SEC. 4110.  A BANK SHALL NOT ASSESS A FEE OR CHARGE FOR THE

 2
      CASHING, NEGOTIATING, OR OTHERWISE PROCESSING OF A CHECK DRAWN ON

 3
      AN ACCOUNT OF THE BANK.


















   03931'01          Final page.                            SAT