CHAPTER NUMBER: 364
File Code: Commercial Law - Credit Regulation
Prior Year Introduction As: SB 482/02 - FIN
Crossfiled with: HOUSE BILL 331
- Sponsored By:
-
Senators Kelley, Astle,
Exum, Gladden, Hafer, Hooper, Klausmeier, Middleton, Pipkin, and
Teitelbaum
- Entitled:
-
Credit Regulation - Credit Grantor Revolving Credit Provisions -
Amendment of Plan Agreement
Repealing a requirement that a credit grantor give a specified notice
to a borrower when the credit grantor amends an agreement governing a
revolving credit plan if the amendment has the effect of altering the
manner of computing specified fees and charges; repealing a
requirement that the credit grantor send a second notice of a
specified amendment of a plan agreement to the borrower; repealing a
requirement that the Commissioner of Financial Regulation approve the
form of a specified notice; etc.
Senate Action
- 1/27
- First Reading Finance
- 1/31
- Hearing 2/11 at 1:00 p.m.
- 2/17
- Favorable with Amendments Report by Finance
- 2/19
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 2/21
- Third Reading Passed (46-0)
- 4/2
- Returned Passed
- 5/22
- Signed by the Governor Chapter 364
House Action
- 2/24
- First Reading Economic Matters
- 3/10
- Hearing 3/19 at 1:00 p.m.
- 4/2
- Favorable Report by Economic Matters
- 3/29
- Favorable Report Adopted
- Second Reading Passed
- 3/30
- Third Reading Passed (133-1)
- Sponsored by:
- Senator Delores G. Kelley, District 10
- Senator John C. Astle, District 30
- Senator Nathaniel Exum, District 24
- Senator Lisa A. Gladden, District 41
- Senator John J. Hafer, District 1
- Senator J. Robert Hooper, District 35
- Senator Katherine A. Klausmeier, District 8
- Senator Thomas M. Middleton, District 28
- Senator E. J. Pipkin, District 36
- Senator Leonard H. Teitelbaum, District 19
- Bill indexed under the following Subjects:
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- CREDIT
- FEES -see also- DEVELOPMENT FEES AND TAXES
- FINANCIAL REGULATION, DIVISION OF
- FORMS
- INTEREST
- MORTGAGES
- NOTICES
- Bill affects the following Statute:
- Commercial Law
- (
12-912
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 597773/01 (PDF) Offered on: February 19, 2003 at:
10:30 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- February 21, 2003: Third Reading Passed (46-0)
- House
- March 30, 2003: Third Reading Passed (133-1)