Did not become law. It stopped in the Senate's General Government, Consumer and Small Business Protection Committee on July 8, 2013. The 2013 session has ended.
2013 Regular Session
Senate Bill 368
Requires trustee, mortgagee or agent of trustee or mortgagee to record all assignments of beneficial interest in real property that is secured, in whole or in part, by trust deed or mortgage.
What it does
The synopsis the Legislative Assembly published with the bill.
Requires trustee, mortgagee or agent of trustee or mortgagee to record all assignments of beneficial interest in real property that is secured, in whole or in part, by trust deed or mortgage. Specifies certain requirements for recordation. Provides that trustee's or mortgagee's ability to foreclose on trust deed or mortgage is contingent on proper recordation of assignments of beneficial interest. Provides that requirement to record assignment becomes operative 91 days after effective date of Act and is retroactive to January 1, 2007. Declares emergency, effective on passage.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
January 14 to July 8, 2013, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action3 actions on 3 days
In the SenateJan 14 to Jul 8 · stopped175 days
Waiting for a committeeJan 14 to Jan 162 days
General Government, Consumer and Small Business ProtectionJan 16 to Jul 8 · stopped173 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the Senate Jan 14 – Jul 8
- Jan 14Introduced
- Jan 16Sent to General Government, Consumer and Small Business Protection
- Jul 8Died when the session ended
All 3 actions, as published
- Jan 14Introduction and first reading. Referred to President's desk.Senate
- Jan 16Referred to General Government, Consumer and Small Business Protection.Senate
- Jul 8In committee upon adjournment.Senate