1997 Regular Session

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