2008 Regular Session

HOUSE BILL 992

File Code: Commercial Law - Consumer Protection Crossfiled with: SENATE BILL 589
Sponsored By:
Delegate Braveboy
Entitled:
Commercial Law - Common Ownership Communities - Management Companies

Synopsis:

Requiring management companies that perform the financial, administrative, maintenance, or other services for condominiums, cooperative housing corporations, or homeowners associations to register with the Consumer Protection Division of the Office of the Attorney General; requiring these management companies to execute a fidelity bond to be used for the benefit of a person who suffers harm caused by a fraudulent or dishonest act of the management company; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
2/7
First Reading Environmental Matters
2/12
Hearing 3/13 at 1:00 p.m.
3/12
Hearing cancelled
3/17
Withdrawn
Senate Action
No Action

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Bonds -see also- County & Baltimore City Bonds; State Bonds.
Comptroller
Condominiums
Consumer Protection -see also- Unfair Trade Practices
Cooperative Associations
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Hearings
Homeowners Associations
Housing -see also- Apartments; Condominiums; Mobile Homes
Liability -see also- Good Samaritan
Registration -see also- Motor Vehicle Registration
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Bill affects the following Statutes:

Commercial Law
( 14-12C-08 , 14-12C-07 , 14-12C-06 , 14-12C-05 , 14-12C-04 , 14-12C-03 , 14-12C-02 , 14-12C-01 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered