S 509 · 100th Congress · Finance and Financial Sector

A bill to provide that certain good faith transfers of property made by the Southern Industrial Banking Corporations to depositors shall not be voidable under title 11 of the United States Code.

Introduced 1987-02-05· Sponsored by Sen. Gore, Albert, Jr. [D-TN]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Subcommittee on Courts and Administrative Practice.(1987-02-13)

Plain Language Summary

[AI summary unavailable — showing source text] Provides that certain good faith transfers of property to depositors by the Southern Industrial Banking Corporation (doing business as Daveco) shall not be voidable under Federal bankruptcy law.…

Summarized by Claude AI · Non-partisan · For informational purposes only