LRBa0662/1
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2019 - 2020 LEGISLATURE
SENATE AMENDMENT 2,
TO SENATE BILL 457
October 22, 2019 - Offered by Senator Marklein.
SB457-SA2,1,11 At the locations indicated, amend the bill as follows:
SB457-SA2,1,3 21. Page 1, line 11: delete “P.O.D. accounts and loan obligations to financial
3institutions;".
SB457-SA2,1,4 42. Page 25, line 6: on lines 6 and 7, delete “14th" and substitute “30th".
SB457-SA2,1,6 53. Page 25, line 9: delete the material beginning with that line and ending with
6page 26, line 12.
SB457-SA2,2,4 74. Page 26, line 24: delete the material beginning with “for" and ending with
8“complaint" on page 27, line 2, and substitute “to the creditor for the property in its
9possession, in an amount up to the garnishable amount in the account or accounts,
10as of the time the financial institution is first reasonably able to put the garnishment
11into effect, but no later than the end of the 2nd business day after the business day
12on which the garnishee summons and complaint is received by the financial
13institution. Any property that leaves the possession of the financial institution

1within that time frame, but before the financial institution is able to put the
2garnishment into effect, shall not be subject to the garnishment and the financial
3institution shall have no responsibility to attempt to secure the return of such
4property and no liability to the creditor for such property”.
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