SENATE BILL 354

CHAPTER NUMBER: 521 File Code: Commercial Law - Generally Crossfiled with: HOUSE BILL 512

Sponsored By:

Senator Kelley

Entitled:

Uniform Commercial Code - Secured Transactions - Continuation Statement - Transition Rules

Synopsis:

Confirming the effectiveness of a continuation statement filed under Title 9 (Secured Transactions) of the Uniform Commercial Code between January 1, 2006, and June 30, 2006, to continue in effect a financing statement filed before July 1, 2001; and providing that the Act applies to all continuation statements filed before July 1, 2006.

History by Legislative Date

Senate Action

1/30

First Reading Finance

2/1

Hearing 2/8 at 1:00 p.m.

2/10

Favorable with Amendments Report by Finance

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

2/14

Third Reading Passed (42-0)

4/3

Returned Passed

House Action

2/15

First Reading Economic Matters

3/14

Hearing 3/21 at 1:00 p.m.

4/5

Favorable Report by Economic Matters

4/1

Favorable Report Adopted

Second Reading Passed

4/2

Third Reading Passed (136-0)

Action after passage in Senate and House

5/26

Became Law without Governor's signature per Maryland Constitution - Chapter 521

Bill indexed under the following Subjects:

RECORDS -see also- LAND RECORDS; VITAL RECORDS

SECURITY INTERESTS -see also- LIENS; MECHANICS' LIENS

UNIFORM LAWS

Bill affects the following Statutes:

Commercial Law

( 9-515 , 9-705 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments (Displayed in WordPerfect 8 Format):

Senate

Number: 047075/01 (PDF)     Offered on: February 10, 2006   at: 11:34 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

February 14, 2006: Third Reading Passed (42-0)

House

April 2, 2006: Third Reading Passed (136-0)