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New CA Law regarding Protests -
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New CA Law regarding Protests -
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Posted by rengel/CA on 3/13/12 4:43pm
Msg #414808

New CA Law regarding Protests -

New CA law as of January 1, 2012
„hƒn Under California Commercial Code section 3505, and
Government Code sections 8205 and 8208, only
notaries public employed by a financial institution,
during the course and scope of the notary¡¦s
employment with the financial institution, are
authorized to demand acceptance and payment of
foreign and inland bills of exchange, or promissory
notes, or to protest such bills or notes for
nonacceptance or nonpayment. This change is
intended to reduce the abuse of the protest process.
„hƒn Maximum fees for protests are no longer prescribed.

Reply by JanetK_CA on 3/13/12 6:45pm
Msg #414823

Yayyyy! That makes it easier for us to just turn down flat the dingbats trying to use protests to get out of paying for things they don't think they should owe. Wink I saw that before, but thanks for posting it. Good refresher!

Reply by FlaNotary2 on 3/13/12 6:58pm
Msg #414824

I'd rather see them do away with protests completely

They're more trouble than they are worth

Reply by VT_Syrup on 3/14/12 7:26am
Msg #414848

There is no interest group to simplify the law.

1. State legislators, as a group, are truly awful at legal research. Case in point: The Vermont legislature is considering a bill that would require one to send one's ID in to get a birth certificate, and the ID could be a US passport, provided it has an address. But US passport's don't have addresses (unless the holder writes it in pencil on the page provided for that purpose).

2. Major legislation changes usually result from well-funded lobby groups that have done the necessary research, and presented the results to the legislature, all tied up with a pretty bow, all ready to pass.

3. There is no well-funded lobby group to clean up obsolete legislation, the legislators themselves don't know how to clean it up, so it accumulates. Ever seen the TV show "Hoarders"?

Reply by bagger on 3/14/12 7:31am
Msg #414849

Laws still on the books.

http://www.legalzoom.com/us-law/more-us-law/top-craziest-laws-still

Reply by ArtG/KS on 3/14/12 8:37am
Msg #414852

Re: There is no interest group to simplify the law.

Well now I take exception to this one. Kansas has just recently repealed after arduous and continueing research a whole stack of old obsolete or useless laws some very old. A special group appointed by the Governor Brownback has accomplished this and more is to follow.

You are right about legislators not always researching for what I call "unintended consequences by way of lack of research. I.E. Pelosi's infamous statement "we need to pass it so that we can see what is in it" in ref to the Obama healthcare imposition law rammed through by those who cared less about content and consequences.

Dont expand that last remark on this forum, I will ignore it. Email me if you care to discuss it.


 
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