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Old December 1st 04, 05:37 AM
Marty Shapiro
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Newps wrote in news:cdidnVHi1PGCBDHcRVn-
:



Mike V. wrote:



Make that "past" as Check21 went into effect this month. Note your
deposits
STILL 'anti-float'...


Check 21 started to go into effect this month. It will be at least a
year before it is fully in effect, especially in the small places. They
ain't doing it here in Montana yet.


I had an interesting discussion about this today with my bank's
branch manager. Check 21 went into effect October 28th. The larger banks
are using it NOW. Smaller ones have a window to convert over. The Check
21 legislation does NOT require the banks to shorten the holding period.

Today's Yahoo! financial page had an interesting article by Suze
Orman on Check 21. You can find it at
http://biz.yahoo.com/pfg/e21check/

--
Marty Shapiro
Silicon Rallye Inc.

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