CHAPTER 52

SB 345 – FINAL VERSION

2004 SESSION

04-3044

06/09

SENATE BILL 345

AN ACT exempting payroll accounts from trustee process.

SPONSORS: Sen. Gallus, Dist 1; Sen. Odell, Dist 8; Sen. Sapareto, Dist 19; Sen. Morse, Dist 22; Sen. Green, Dist 6; Rep. Rausch, Rock 77; Rep. Russell, Belk 31; Rep. Weyler, Rock 79; Rep. Zolla, Rock 77

COMMITTEE: Banks

ANALYSIS

This bill exempts deposits in payroll accounts from trustee process.

This bill was requested by the department of justice.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

04-3044

06/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Four

AN ACT exempting payroll accounts from trustee process.

Be it Enacted by the Senate and House of Representatives in General Court convened:

52:1 New Paragraph; List of Exemptions; Payroll Account Added. Amend RSA 512:21 by inserting after paragraph X the following new paragraph:

XI. Money, rights, and credits of the defendant deposited in any account designated as a payroll account.

52:2 Effective Date. This act shall take effect January 1, 2005.

(Approved: May 3, 2004)

(Effective Date: January 1, 2005)