SC H4534 | 2009-2010 | 118th General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 4 2010 - 25% progression, died in committee
Action: 2010-02-04 - Referred to Committee on Labor, Commerce and Industry HJ-22
Pending: House Labor, Commerce and Industry Committee
Status: Introduced on February 4 2010 - 25% progression, died in committee
Action: 2010-02-04 - Referred to Committee on Labor, Commerce and Industry HJ-22
Pending: House Labor, Commerce and Industry Committee
Summary
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 29-1-70 SO AS TO PROVIDE A MANDATORY MINIMUM GRACE PERIOD OF TWENTY DAYS FOR A MORTGAGE PAYMENT, TO DEFINE THE TERM GRACE PERIOD, AND TO PROVIDE THAT THIS SECTION DOES NOT APPLY TO A SIMPLE INTEREST OR OTHER MORTGAGE IN WHICH INTEREST ACCRUES DAILY.
Title
Provide A Mandatory Minimum Grace Period Of Twenty Days For A Mortgage Payment, To Define The Term Grace Period, And To Provide That This Section Does Not Apply To A Simple Interest Or Other Mortgage In Which Interest Accrues Daily.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-04 | Referred to Committee on Labor, Commerce and Industry HJ-22 | |
| 2010-02-04 | Introduced and read first time HJ-22 |
Code Citations
South Carolina State Sources
| Type | Source |
|---|---|
| Summary | https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=4534&session=118 |
