HOUSE BILL 49

CHAPTER NUMBER: 389 File Code: Business Regulation and Occupations

Sponsored By:

Delegate Fulton

Entitled:

Real Estate Brokers - Errors and Omissions Insurance - Disclosure

Synopsis:

Requiring a real estate broker to immediately notify associate real estate brokers and real estate salespersons who are covered under the broker's errors and omissions insurance policy of a discontinuance of that policy.

Legislative History

House Action

8/6

Pre-filed

1/8

First Reading Economic Matters

1/10

Hearing 1/16 at 1:00 p.m.

2/17

Favorable with Amendments Report by Economic Matters

2/18

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

2/21

Third Reading Passed (134-0)

3/29

Returned Passed

5/8

Signed by the Governor Chapter 389

Senate Action

2/24

First Reading Economic and Environmental Affairs

3/6

Hearing 3/20 at 1:00 p.m.

3/26

Favorable Report by Economic and Environmental Affairs

3/28

Favorable Report Adopted

Second Reading Passed

4/1

Third Reading Passed (46-0)

Bill indexed under the following Subjects:

AGENTS AND BROKERS

DISCLOSURE

INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS

LIABILITY -see also- GOOD SAMARITAN

REAL ESTATE -see also- AGENTS AND BROKERS

Bill affects the following Statute:

Business Occupations and Professions

( 17-529 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

House

Number: 253866/1 (PDF) Offered on: FEBRUARY 18, 1997 at: 10:35 Status: Adopted