Substitute House Bill No. 6786, Public Act No. 23-23, revises the procedures for serving bank executions, wage executions, and tax warrants by state marshals and the service of process by indifferent persons. The bill amends Section 52-367b of the general statutes, effective October 1, 2023, changing the term "natural person" to "individual" and detailing the process for serving financial institutions with execution orders. It specifies the timeframe for financial institutions to respond to execution orders, the handling of exempt funds, and the process for identifying exempt funds in a debtor's account. The bill also outlines the responsibilities of financial institutions when funds are removed from a debtor's account, including notification and holding periods for exempt funds, and the payment process to the serving officer and judgment creditor. Insertions and deletions in the bill update the legal language and procedures, including the definition of "business day" and the maintenance of procedures to prevent resubmission of responses by financial institutions.

The bill also includes provisions for the recovery of reasonable costs by financial institutions when subpoenaed, the admissibility of certified financial records, and an $8 fee for financial institutions for complying with execution provisions. It addresses the liability of financial institutions for mishandling funds and provides protections for good faith actions or bona fide errors. The bill amends Section 52-367a with updated definitions and procedures for executing against debts due from financial institutions to judgment debtors who are not natural persons. Furthermore, the bill specifies that a serving officer cannot serve more than one financial institution execution per judgment debtor at a time and requires financial institutions to respond within seven business days. It also revises the process for wage execution levies, the liability of financial institutions, the process for serving legal documents, and the penalties for unauthorized service of process by indifferent persons.

Statutes affected:
Raised Bill: 52-367b, 52-367a, 52-50
JUD Joint Favorable Substitute: 52-367b, 52-367a, 52-50
File No. 536: 52-367b, 52-367a, 52-50
File No. 784: 52-367b, 52-367a, 52-50
Public Act No. 23-23: 52-367b, 52-367a, 52-50