IN HB1321 | 2011 | Regular Session
Status
Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Passed on May 16 2011 - 100% progression
Action: 2011-05-16 - Effective 07/01/2013
Text: Latest bill text (Enrolled) [HTML]
Sponsorship: Bipartisan Bill
Status: Passed on May 16 2011 - 100% progression
Action: 2011-05-16 - Effective 07/01/2013
Text: Latest bill text (Enrolled) [HTML]
Summary
Makes changes to the uniform commercial code pertaining to secured transactions to conform to recommendations made by the National Conference of Commissioners on Uniform State Laws. Provides clarification regarding how a name of an individual debtor is to be provided on a financing statement. Provides clarification regarding how a debtor's name should be included on a financing statement when the debtor is a corporation, limited liability company, or limited partnership and when the collateral is held in a statutory or common law trust or in a decedent's estate. Makes changes regarding the filing of financing statements. Makes changes to assist a secured party having a security interest in after-acquired property when the debtor relocates to another state or merges with another entity. Eliminates the requirement to contain certain information on a financing statement. Makes technical corrections. Repeals a statute that contains forms for a financing statement and a financing statement amendment.
Title
Secured transactions.
Sponsors
Roll Calls
2011-04-11 - Senate - Senate - Third reading: passed (Y: 50 N: 0 NV: 0 Abs: 0) [PASS]
2011-02-08 - House - House - Third reading: passed (Y: 94 N: 0 NV: 2 Abs: 4) [PASS]
2011-02-08 - House - House - Third reading: passed (Y: 94 N: 0 NV: 2 Abs: 4) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2011-05-16 | Effective 07/01/2013 | |
| 2011-05-16 | Public Law 54 | |
| 2011-04-20 | Signed by the Governor | |
| 2011-04-15 | Signed by the President of the Senate | |
| 2011-04-13 | Signed by the President Pro Tempore | |
| 2011-04-12 | Signed by the Speaker | |
| 2011-04-11 | Returned to the House without amendments | |
| 2011-04-11 | Third reading: passed; Roll Call 334: yeas 50 and nays 0 | |
| 2011-04-07 | Second reading: ordered engrossed | |
| 2011-03-31 | Committee report: do pass, adopted | |
| 2011-02-17 | First reading: referred to Committee on Judiciary | |
| 2011-02-08 | Senate sponsors: Senators Bray and Simpson | |
| 2011-02-08 | Referred to the Senate | |
| 2011-02-08 | Third reading: passed; Roll Call 122: yeas 94, nays 0 | |
| 2011-02-07 | Second reading: ordered engrossed | |
| 2011-01-31 | Committee report: do pass, adopted | |
| 2011-01-13 | First reading: referred to Committee on Judiciary | |
| 2011-01-13 | Coauthored by Representative Foley | |
| 2011-01-13 | Authored by Representative DeLaney |
