GA HB264 | 2009-2010 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 3 2009 - 25% progression, died in committee
Action: 2009-02-04 - House Second Readers
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 3 2009 - 25% progression, died in committee
Action: 2009-02-04 - House Second Readers
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Summary
A BILL to be entitled an Act to amend Article 1 of Chapter 14 of Title 44 of the Official Code of Georgia Annotated, relating to conveyances to secure debt in general, so as to revise provisions relating to regulation of security conveyances; to repeal certain obsolete provisions relating to due on sale clauses which have been preempted by federal law; to provide certain new regulations with respect to certain residential mortgages and deeds to secure debt; to prohibit prepayment penalties, negative amortization, and yield spread compensation of loan originators; to require loan originators to verify ability to repay; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
Title
Conveyances; regulation of security conveyances; revise; provisions
Sponsors
Rep. Jeff May [R] |
History
Date | Chamber | Action |
---|---|---|
2009-02-04 | House Second Readers | |
2009-02-03 | House First Readers |
Georgia State Sources
Type | Source |
---|---|
Summary | https://www.legis.ga.gov/legislation/26517 |
Text | http://www1.legis.ga.gov/legis/2009_10/versions/hb264_LC_14_9930_a_2.htm |