1997 Regular Session

HOUSE BILL 161

CHAPTER NUMBER: 218 File Code: Financial Institutions
Sponsored By:
Chairman, Commerce and Government Matters Committee (Departmental - Labor, Licensing and Regulation)
Entitled:
Repossessions - Accounting to Commissioner and Borrowers

Synopsis:

Repealing the requirement to file an accounting of a private sale of repossessed goods with the Commissioner of Financial Regulation; and requiring an accounting to be retained by the seller for 24 months.

Legislative History

House Action
1/15
First Reading Commerce and Government Matters
Hearing 1/23 at 1:15 p.m.
2/3
Favorable Report by Commerce and Government Matters
2/4
Favorable Report Adopted
Second Reading Passed
2/7
Third Reading Passed (126-0)
3/28
Returned Passed
4/29
Signed by the Governor Chapter 218
Senate Action
2/10
First Reading Finance
3/5
Hearing 3/18 at 1:00 p.m.
3/12
Hearing cancelled
Hearing 3/14 at 1:00 p.m.
3/25
Favorable Report by Finance
3/27
Favorable Report Adopted
Second Reading Passed
3/31
Third Reading Passed (46-0)
Sponsored by:
Chairman, Commerce & Government Matters Comm itte
Departmental
Bill indexed under the following Subjects:
LOANS
REPORTS -see also- RECORDS
SECURITY INTERESTS -see also- LIENS
Bill affects the following Statutes:
Commercial Law
( 12-115 , 12-921 , 12-1021 )

Documents:

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