Altering the requirements for the debt instrument required to be filed with an order to docket or complaint to foreclose a mortgage or deed of trust on residential property; altering the requirements for a lost note affidavit in a residential foreclosure action; providing that a person who knowingly makes a false statement in specified documents required to be filed with a court is guilty of a misdemeanor and if convicted is subject to imprisonment not to exceed 1 year or a fine not to exceed $10,000 or both; applying the Act prospectively.
Bill File Type: Regular
Effective Date(s): October 1, 2015
|Date Posted||Document Name|
|3/03/2015||Text - First - Foreclosure - Indorsement of Debt Instrument, Lost Note Affidavit, and Penalties for False Statements|
|3/26/2015||Vote - Senate - Committee - Judicial Proceedings|
( 7-105.1 )
Last Updated: 2/3/2020 2:29 PM