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Existing law requires a collecting bank, as defined, to exercise ordinary care when performing specific duties in a commercial banking transaction, and limits the liability of a collecting bank for the insolvency, neglect, misconduct, mistake, or default of another bank or person or for loss or destruction of an item in the possession of others or in transit, as specified. This bill would make a nonsubstantive change to this provision.
Introduced
Feb 20, 2026
Last Action
Mar 4, 2026
Session
CA 20252026
Sponsors
1 primary · 0 co
Referred to Com. on RLS.
From printer. May be acted upon on or after March 23.
Read first time.
Introduced. To Com. on RLS. for assignment. To print.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Referred to Com. on RLS.
Archuleta