House Bill No. [insert number] aims to amend and reenact several sections of the Louisiana Revised Statutes concerning warranties for negotiable instruments and bank deposits. The bill introduces new procedures for breach of warranty notice requirements, clarifying that a person who receives warranties and suffers a loss due to a breach can recover damages, including reasonable attorney fees, if they provide written notice to the warrantor via certified or registered mail or commercial courier and the warrantor fails to respond within thirty days. Additionally, the bill emphasizes that warranties related to checks cannot be disclaimed and outlines the responsibilities of parties involved in such transactions.

Key amendments include the specification that the warranties cannot be disclaimed with respect to checks and the introduction of a thirty-day notice requirement for claims of breach of warranty. The bill also establishes that the expenses incurred by the claimant, including attorney fees, will be covered if the warrantor does not address the claim in a timely manner. Overall, the legislation seeks to enhance the protection of parties involved in transactions involving negotiable instruments by ensuring clear communication and accountability regarding warranty breaches.