Fabio
80 lines
3.8 KiB
Markdown
80 lines
3.8 KiB
Markdown
---
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type: "Bill"
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title: "Negotiable instruments; statute of limitations."
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description: "Provides that the provisions of the Uniform Commercial Code establishing a six-year limitations period on actions to enforce the obligation of a party to pay the instrument apply to negotiable and non-negotiable certificates of deposit. This bill is identical to"
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2017"
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identifier: "SB 1217"
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citation: "Virginia SB 1217 (2017)"
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classification: ["bill"]
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subjects: ["Commercial Code"]
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status: "enacted"
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primary_sponsors: ["A. Benton \"Ben\" Chafin"]
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version_count: 3
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action_count: 16
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vote_count: 6
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first_action: "2017-01-10"
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last_action: "2017-02-20"
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source: "openstates"
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source_identifier: "ocd-bill/a6996309-325f-40da-b8da-0a5e5e20af9a"
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source_url: "http://lis.virginia.gov/cgi-bin/legp604.exe?171+sum+SB1217"
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source_hash: "7a1e18a43b7439c2f2f1131d9c7744cc61542cde1eaaeef2785cd2b1f509949b"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia SB 1217 (2017) — Negotiable instruments; statute of limitations.
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Provides that the provisions of the Uniform Commercial Code establishing a six-year limitations period on actions to enforce the obligation of a party to pay the instrument apply to negotiable and non-negotiable certificates of deposit. This bill is identical to
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Governor: Acts of Assembly Chapter text (CHAP0083)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+CHAP0083)
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2. **Senate: Bill text as passed Senate and House (SB1217ER)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+SB1217ER)
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3. **Senate: Prefiled and ordered printed; offered 01/11/17 17101945D** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+SB1217)
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## Votes
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- Reported from Commerce and Labor — **15–0** (pass) · legislature
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- Read third time and passed Senate — **39–0** (pass) · legislature
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- Rereferred from Courts of Justice — **11–0** (pass) · legislature
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- Passed House BLOCK VOTE — **97–0** (pass) · legislature
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- Constitutional reading dispensed — **40–0** (pass) · legislature
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- Reported from Courts of Justice — **21–0** (pass) · legislature
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## Sponsors
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- A. Benton "Ben" Chafin — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2017-01-10** Prefiled and ordered printed; offered 01/11/17 17101945D `introduction`
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- **2017-01-10** Referred to Committee for Courts of Justice `referral-committee`
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- **2017-01-16** Rereferred to Commerce and Labor `referral-committee`
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- **2017-01-26** Read second time and engrossed `reading-2`
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- **2017-01-31** Placed on Calendar
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- **2017-01-31** Read first time `reading-1`
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- **2017-01-31** Referred to Committee for Courts of Justice `referral-committee`
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- **2017-02-10** Read second time `reading-2`
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- **2017-02-13** Read third time `reading-3`
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- **2017-02-13** Passed House BLOCK VOTE (97-Y 0-N) `passage`
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- **2017-02-14** Enrolled
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- **2017-02-14** Signed by Speaker
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- **2017-02-15** Signed by President
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- **2017-02-15** Enrolled Bill Communicated to Governor on 2/15/17
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- **2017-02-15** Governor's Action Deadline Midnight, February 22, 2017
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- **2017-02-20** Approved by Governor-Chapter 83 (effective 7/1/17) `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a6996309-325f-40da-b8da-0a5e5e20af9a`. Confidence: reported (aggregated from official Virginia legislature records).
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