MS HB1406 | 2017 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 5-0)
Status: Failed on February 9 2017 - 100% progression
Action: 2017-02-09 - Died On Calendar
Text: Latest bill text (Comm Sub) [HTML]
Spectrum: Partisan Bill (Republican 5-0)
Status: Failed on February 9 2017 - 100% progression
Action: 2017-02-09 - Died On Calendar
Text: Latest bill text (Comm Sub) [HTML]
Summary
An Act To Create The Marketable Record Title Act; To Provide Certain Definitions; To Provide That A Person Has Marketable Title If The Person Has An Unbroken Chain Of Title For 32 Years; To Specify The Interests That A Marketable Title Is Subject To; To Provide That A Person May Preserve An Interest If The Person Files A Notice Of Intent To Preserve Such Interest During The 32-year Period; To Provide That Marketable Title Is Held Free And Clear Of All Other Interests; To Provide That Disability Or Lack Of Knowledge Does Not Suspend The Running Of The 32-year Period; To Specify The Interests That Are Not Barred By This Act; To Provide That This Act Does Not Relieve A Person Of A Contractual Liability With Respect To An Interest Antedating The Person's Root Of Title; To Provide That This Act Does Not Extend The Statute Of Limitations For Bringing An Action; To Provide That Indefinite References To Documents Do Not Charge A Person With Knowledge Of The Referenced Documents; To Amend Section 89-5-5, Mississippi Code Of 1972, In Conformity With The Provisions Of This Act; And For Related Purposes.
Title
Marketable Record Title Act; enact.
Sponsors
Rep. Brad Touchstone [R] | Rep. Shane Aguirre [R] | Rep. Noah Sanford [R] | Rep. Mark Tullos [R] |
Rep. Jason White [R] |
History
Date | Chamber | Action |
---|---|---|
2017-02-09 | House | Died On Calendar |
2017-01-31 | House | Title Suff Do Pass Comm Sub |
2017-01-16 | House | Referred To Judiciary A |