HOUSE BILL 512

Sponsored By:

Delegate Doory

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

House Action

1/31

First Reading Economic Matters

2/8

Hearing 2/14 at 1:00 p.m.

2/20

Favorable with Amendments Report by Economic Matters

2/21

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

2/23

Third Reading Passed (127-0)

3/31

Returned Passed

Senate Action

2/27

First Reading Finance

3/15

Hearing 3/28 at 1:00 p.m.

3/30

Favorable Report by Finance

3/29

Special Order 3/31 (Senator Kelley) Adopted

Favorable Report Adopted

Second Reading Passed

3/30

Third Reading Passed (33-0)

Action after passage in House and Senate

5/26

Governor vetoed - Duplicative

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):

House

Number: 473493/01 (PDF)     Offered on: February 21, 2006   at: 10:18 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

February 23, 2006: Third Reading Passed (127-0)

Senate

March 30, 2006: Third Reading Passed (33-0)