Find a 2016 Bill:

2016 Regular Session



Credit Regulation - Motor Vehicle Sales - Assignment of Financing Agreements

Sponsored by:

Delegate Stein


In the House - Unfavorable Report by Economic Matters; Withdrawn

Synopsis:Requiring an assignee of specified documents relating to financing a sale of a motor vehicle to provide payment to the seller of the motor vehicle within 2 business days after approval of the assignment.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Stein
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2016
Economic Matters  View Committee Hearing
Broad Subject(s):Commercial Law - Credit Regulation
Narrow Subject(s):Credit
Loans -see also- Mortgages
Motor Vehicles -see also- Aband Veh; Ambulances; Buses; etc.
Retail Sales
Statutes:Article - Commercial Law
(12-609, 12-1023.2)

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Explanation of Floor Motions and Actions

October 24, 2017 5:00 P.M.