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ABA: The American Bankers Association
Proposed State Law

Kansas HB 2591: Trusted Contact and Transaction Hold

Allows designation of a trusted contact and authorizes temporary transaction holds by financial institutions in cases of suspected financial exploitation or fraud.

Status: Passed State: Kansas Tags: Transaction Controls, Vulnerable Populations

About the Legislation:

Allows a customer to add a trusted contact to account for a financial instituion to contact in case of financial exploitation/fraud; allows a financial institution to place a 10 day transaciton hold on potential fraudulent transaction if the approiate reports are filed. This bill will pass in the 2026 session.

Read the Legislation

State Association Contact

Kelly VanZwoll, SVP Government Relations, Kansas Bankers Association

 Any updates or new legislation should be sent to [email protected]. Any updates or new legislation should be sent to [email protected].

Our Experts

Jim Hitchcock

Jim Hitchcock

Vice President, Fraud Mitigation

Contact Jim
Paul Benda

Paul Benda

Executive Vice President, Risk, Fraud & Cybersecurity

Contact Paul
Patrick Smith

Patrick Smith

SVP, Fraud Operations

Contact Patrick

Hannah Ibberson

Program Manager, Fraud, Physical & Cyber Security

Contact Hannah