2008 Regular Session

HOUSE BILL 1462

File Code: Commercial Law - Credit Regulation
Sponsored By:
Delegates Ali and Niemann
Entitled:
Credit Regulation - Credit Agreements - Actions to Enforce or Seek Damages for Breach

Synopsis:

Prohibiting an action to enforce or seek damages for the breach of a term or condition of specified credit agreements unless the term or condition has been agreed to in writing and signed by a specified party.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
2/14
First Reading House Rules and Executive Nominations
2/25
Re-referred Economic Matters
2/27
Hearing 3/13 at 1:00 p.m.
3/5
Hearing cancelled
Hearing 3/20 at 1:00 p.m.
3/14
Hearing cancelled
3/17
Withdrawn
Senate Action
No Action

Sponsored by:

Delegate Saqib Ali, District 39
Delegate Doyle L. Niemann, District 47

Bill indexed under the following Subjects:

Civil Actions -see also- Small Claims
Contracts -see also- Land Installment Contracts; Procurement
Credit
Loans -see also- Mortgages

Bill affects the following Statute:

Commercial Law
( 12-902.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Not available at this time
Amendments: None offered