HOUSE BILL 783

Sponsored By:

Delegates Bozman, McClenahan, Slade, and Conway

Entitled:

Recordation of Releases of Mortgages and Deeds of Trust - Copies of Canceled Checks

Synopsis:

Permitting a clerk to receive, index, and record a copy of a canceled check as a release of a mortgage or deed of trust, provided that the check is accompanied by a certain certificate from the institution on which the check was drawn; and providing that under certain circumstances a copy of a canceled check accompanied by the certificate has the same effect as a release on property for which a mortgage or deed of trust is a security.

History by Legislative Date

House Action

2/12

First Reading Economic Matters

2/16

Hearing 2/24 at 1:00 p.m.

3/16

Favorable Report by Economic Matters

3/17

Favorable Report Adopted

Second Reading Passed

3/22

Third Reading Passed (139-0)

4/4

Return Passed

5/27

Signed by the Governor Chapter 665

Senate Action

3/22

First Reading Judicial Proceedings

3/24

Hearing 4/1 at 1:00 p.m.

4/5

Favorable Report by Judicial Proceedings

Favorable Report Adopted

Second Reading Passed

4/6

Third Reading Passed (46-0)

Sponsored by:

Delegate K. Bennett Bozman, District 38

Delegate Norman H. Conway, District 38

Delegate Charles A. McClenahan, District 38

Delegate John F. Slade, III, District 29B

Bill indexed under the following Subjects:

CHECKS

CLERKS OF COURT

LAND RECORDS -see also- DEEDS

MORTGAGES

RECORDATION -see also- TRANSFER TAX

Bill affects the following Statute:

Real Property

( 3-105 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

March 22, 1999: Third Reading Passed (139-0)

Senate

April 6, 1999: Third Reading Passed (46-0)