Bill Text: CT SB00410 | 2016 | General Assembly | Introduced

Connecticut Senate Bill 410 (Prior Session Legislation)

Introduced

Bill Title: An Act Repealing The Mortgagor In Good Standing Statute.

Sponsorship: Committee Bill

Status: (Introduced - Dead) 2016-03-04 - Public Hearing 03/08 [SB00410 Detail]

Download: Connecticut-2016-SB00410-Introduced.html


General Assembly		*Raised Bill No. 410*
*February Session, 2016*		LCO No. 1946
		01946_______BA_
Referred to Committee on BANKING
Introduced by:
(BA)

AN ACT REPEALING THE MORTGAGOR IN GOOD STANDING STATUTE.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Section 49-31u of the general statutes is repealed. (Effective from passage)


This act shall take effect as follows and shall amend the following sections:
Section 1	from passage	Repealer section

Statement of Purpose:

To remove the requirement that a mortgagee provide a mortgagor with a certificate of good standing, at the request of such mortgagor, where such mortgagor has completed a foreclosure mediation program and remained current on payments for a period of three or more years following the completion of such program.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]