1997 Regular Session

HOUSE BILL 1276

CHAPTER NUMBER: 732 File Code: Commercial Law - Credit Regulation Crossfiled with: SENATE BILL 755
Sponsored By:
Delegates V. Mitchell and McClenahan
Entitled:
Commercial Law - Abandoned Property

Synopsis:

Clarifying that credits in connection with the sale of consumer goods to a wholesaler or retailer under certain circumstances are not personal property subject to the Maryland Uniform Disposition of Abandoned Property Act.

Legislative History

House Action
2/17
First Reading Economic Matters
Hearing 3/12 at 1:00 p.m.
3/18
Favorable Report by Economic Matters
Favorable Report Adopted
Second Reading Passed
3/20
Third Reading Passed (136-0)
3/30
Returned Passed
5/22
Signed by the Governor Chapter 732
Senate Action
3/21
First Reading Judicial Proceedings
3/31
Favorable Report by Judicial Proceedings
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (47-0)
Sponsored by:
Delegate Van T. Mitchell, District 28
Delegate Charles A. McClenahan, District 38
Bill indexed under the following Subjects:
ABANDONED PROPERTY
CREDIT
PERSONAL PROPERTY
Bill affects the following Statute:
Commercial Law
( 17-101 )

Documents:

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