1996 Regular Session

HOUSE BILL 927

CHAPTER NUMBER: 639 File Code: Commercial Law - Generally
Sponsored By:
Delegates Poole and Wood
Entitled:
Uniform Commercial Code - Secured Transactions - Perfection of Security Interests

Synopsis:

Altering the exception, for purchase money security interests in consumer goods, to the requirement that a financing statement be filed to perfect a security interest under the Uniform Commercial Code.

Legislative History

House Action
2/2
First Reading Economic Matters
2/14
Hearing 3/7 at 1:00 p.m.
3/18
Favorable Report by Economic Matters
3/19
Favorable Report Adopted
Second Reading Passed
3/20
Third Reading Passed (137-0)
4/1
Returned Passed
5/23
Signed by the Governor Chapter 639
Senate Action
3/20
First Reading Finance
3/21
Hearing 3/29 at 1:00 p.m.
4/4
Favorable Report by Finance
4/2
Favorable Report Adopted
Second Reading Passed
4/3
Third Reading Passed (46-0)
Sponsored by:
Delegate D. Bruce Poole, District 2B
Delegate John F. Wood, Jr., District 29A
Bill indexed under the following Subjects:
SECURITY INTERESTS -see also- LIENS
UNIFORM LAWS
Bill affects the following Statute:
Commercial Law
( 9-302 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)

Amendments: None available