First Regular Session S.B. 1324
PROPOSED
SENATE AMENDMENTS TO S.B. 1324
(Reference to printed bill)
Strike everything after the enacting clause and insert:
"Section 1. Title 6, chapter 2, article 12, Arizona Revised Statutes, is amended by adding section 6-392, to read:
6-392. Prohibited fees
A bank that operates in this state may not charge or collect the following fees:
1. A fee to open a savings or checking account.
2. A monthly service or maintenance fee, regardless of the customer's account balance, if the sole purpose of the fee is to allow a customer to maintain a savings or checking account with that bank."
Amend title to conform