GA SB466 | 2011-2012 | Regular Session
Status
Spectrum: Partisan Bill (Republican 6-0)
Status: Introduced on February 21 2012 - 25% progression, died in committee
Action: 2012-02-21 - Senate Read and Referred
Pending: Senate Banking and Financial Institutions Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 21 2012 - 25% progression, died in committee
Action: 2012-02-21 - Senate Read and Referred
Pending: Senate Banking and Financial Institutions Committee
Text: Latest bill text (Introduced) [HTML]
Summary
A BILL to be entitled an Act to amend Chapter 14 of Title 44 of the Official Code of Georgia Annotated, relating to mortgages, conveyances to secure debt, and liens, so as to provide for lenders to give notice to contractors when a construction loan is nearing default; to provide for definitions; to provide for procedures and limitations; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
Title
Mortgage, Liens, Security; provide for lenders to give notice to contractors; construction loan is nearing default; definitions; procedures
Sponsors
| Sen. Mike Crane [R] | Sen. Steve Gooch [R] | Sen. William Jackson [R] | Sen. Chip Rogers [R] |
| Sen. Lindsey Tippins [R] | Sen. Tommie Williams [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-21 | Senate Read and Referred |
Georgia State Sources
| Type | Source |
|---|---|
| Summary | https://www.legis.ga.gov/legislation/36251 |
| Text | http://www1.legis.ga.gov/legis/2011_12/versions/sb466_As_introduced_LC_34_3315_2.htm |
