HOUSE BILL 713

File Code: Commercial Law - Generally Crossfiled with: SENATE BILL 748

Sponsored By:

Delegate Feldman

Entitled:

Commercial Law - Uniform Commercial Code - Secured Transactions - Revision

Synopsis:

Altering the circumstances under which a secured party has control of electronic chattel paper; establishing specified rules applicable to collateral to which a security interest attaches within a specified period of time; establishing specified rules applicable to a financing statement naming an original debtor that is filed pursuant to the law of a specified jurisdiction; altering the circumstances under which a specified licensee or buyer of specified collateral takes free of a security interest; etc.

History by Legislative and Calendar Date

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.

3/21

Favorable with Amendments Report by Economic Matters

3/18

Favorable with Amendments {593899/1 Report Adopted

Second Reading Passed with Amendments

3/21

Third Reading Passed (131-0)

4/3

Returned Passed

Senate Action

3/22

First Reading Finance

3/27

Hearing 4/3 at 1:00 p.m.

4/6

Favorable Report by Finance

3/31

Favorable Report Adopted

Second Reading Passed

4/1

Third Reading Passed (47-0)

Action after passage in House and Senate

5/22

Approved by the Governor

- Chapter 674

Bill indexed under the following Subjects:

Financial Institutions -see also- Banks; Credit Unions; etc.

Loans -see also- Mortgages

Records -see also- Land Records; Vital Records

Security Interests -see also- Liens; Mechanics' Liens

Uniform Laws

Bill affects the following Statutes:

Commercial Law

( 9-102 , 9-102 , 9-105 , 9-307 , 9-311 , 9-316 , 9-317 , 9-326 , 9-406 , 9-408 , 9-502 , 9-503 , 9-507 , 9-515 , 9-516 , 9-518 , 9-521 , 9-607 , 9-801 through 9-810 )

Documents

All documents except Roll Call Votes are displayed in PDF format:

Bill Text: First Reading, Third Reading, Enrolled, Chapter

Fiscal and Policy Note: Available

Amendments:

House

Number: 593899/01     Offered on: March 21, 2012   at: 11:43 a.m.     Status: Adopted

Committee Votes :

House

Economic Matters

Senate

Finance

Roll Call Votes (Legislative dates are shown):

House

March 21, 2012: Third Reading Passed (131-0)

Senate

April 1, 2012: Third Reading Passed (47-0)