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Legislation


2010 Regular Session

HOUSE BILL 702

File Code: Real Property
Sponsored By:
Delegates Stein, Beidle, Glenn, and Lafferty
Entitled:
Common Ownership Communities - Fidelity Insurance - Fidelity Bond

Synopsis:

Defining a type of insurance to include a type of bond; authorizing specified governing bodies of a cooperative housing corporation, a condominium, or a homeowners association to satisfy the requirement of purchasing fidelity insurance by purchasing a fidelity bond; requiring a copy of a specified fidelity insurance policy or fidelity bond to be included in the books and records kept and made available by or on behalf of specified common ownership communities; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/4
First Reading Environmental Matters
2/10
Hearing 2/25 at 1:00 p.m.
3/18
Favorable with Amendments Report by Environmental Matters
3/19
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/21
Third Reading Passed (136-0)
4/2
Returned Passed
Senate Action
3/23
First Reading Judicial Proceedings
3/24
Hearing 4/1 at 1:00 p.m.
4/8
Favorable Report by Judicial Proceedings
4/4
Favorable Report Adopted
Second Reading Passed
4/5
Third Reading Passed (46-0)
Action after passage in House and Senate
5/20
Approved by the Governor
- Chapter 615

Sponsored by:

Delegate Dana Stein, District 11
Delegate Pamela Beidle, District 32
Delegate Cheryl D. Glenn, District 45
Delegate Stephen W. Lafferty, District 42

Bill indexed under the following Subjects:

Bonds -see also- County & Baltimore City Bonds; State Bonds.
Condominiums
Cooperative Associations
Homeowners Associations
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Records -see also- Land Records; Vital Records

Bill affects the following Statutes:

Corporations and Associations
( 5-6B-18.6 )
Real Property
( 11-114.1 , 11B-111.6 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
House
Number: 160711/01     Offered on: March 19, 2010   at: 11:19 a.m.     Status: Adopted
Committee Votes :
House
Environmental Matters
Senate
Judicial Proceedings
Roll Call Votes (Legislative dates are shown):
House
March 21, 2010: Third Reading Passed (136-0)
Senate
April 5, 2010: Third Reading Passed (46-0)
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