File Code: Commercial Law - Credit Regulation
Crossfiled with: SENATE BILL 451
- Sponsored By:
-
Delegates Davis, Feldman, Haddaway-Riccio, McHale, and Schulz
- Entitled:
-
Credit Regulation - Finder's Fees - Table-Funded Loans
Altering the definitions of "finder's fee", "lender", and "mortgage
broker" for purposes of provisions of law governing finder's fees
charged by mortgage brokers to clarify that, in a table-funded
mortgage loan transaction, fees charged by the person named as the
lender in specified documents evidencing the loan indebtedness are not
considered finder's fees; establishing a specified statute of
limitations; applying the Act; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
House Action
- 2/8
- First Reading Economic Matters
- Hearing 2/21 at 1:00 p.m.
- 2/27
- Unfavorable Report by Economic Matters Withdrawn
Senate Action
- No Action
Sponsored by:
- Delegate Dereck E. Davis, District 25
- Delegate Brian J. Feldman, District 15
- Delegate Jeannie Haddaway-Riccio, District 37B
- Delegate Brian K. McHale, District 46
- Delegate Kelly Schulz, District 4A
Bill indexed under the following Subjects:
- Agents and Brokers
- Civil Actions -see also- Small Claims
- Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.
- Loans -see also- Mortgages
- Mortgages
- Statutes of Limitation
Bill affects the following Statutes:
- Commercial Law
- (
12-801
,
12-804
,
12-810
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered
-
Committee Votes :
House
- Economic Matters
