l9n/ Oregon

2013 Regular Session

Senate Bill 804

Revises definition of "beneficiary." Modifies requirements for trustee to foreclose a trust deed by advertisement and sale.

Did not become law. It stopped in the Senate's Rules Committee on July 8, 2013. The 2013 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Requires grantor that seeks mediation with trustee before foreclosure proceedings to provide mediation service provider with certain documents.</i>] <i>Makes beneficiary's duty to provide certain documents and to appear at mediation contingent on grantor's providing documents.</i>] <i>Specifies when grantor is at risk of default and would be eligible to seek mediation with beneficiary.</i>] <i>Specifies form of notice of determination that beneficiary must send to grantor if beneficiary determines that grantor is not eligible for foreclosure avoidance measure or if grantor fails to comply with foreclosure avoidance measure.</i>] Revises definition of "beneficiary." Modifies requirements for trustee to foreclose a trust deed by advertisement and sale. <i>Modifies requirements for providing notice of sale.</i>] <i>Modifies notice requirements for postponing trustee's sale.</i>] Declares recorded trustee's deed prima facie evidence that all assignments required to be recorded are recorded. Declares instrument executed by beneficiary prima facie evidence that beneficiary is authorized to execute instrument. <i>Becomes operative 91 days after effective date of Act.</i>] <b>Permits beneficiary to designate agent or nominee to act on behalf of beneficiary.</b> 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

    1 co-sponsor

    SJUD

    Its course

    March 6 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 action8 actions on 6 days

    In the SenateMar 6 to Jul 8 · stopped124 days

    Waiting for a committeeMar 6 to Mar 137 days

    General Government, Consumer and Small Business ProtectionMar 13 to Apr 2240 days

    RulesApr 22 to Jul 8 · stopped77 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 Mar 6 – Jul 8

    1. Mar 6Introduced
    2. Mar 13Sent to General Government, Consumer and Small Business Protection
    3. Apr 10Heard in General Government, Consumer and Small Business Protection
    4. Apr 17Heard in General Government, Consumer and Small Business Protection
    5. Apr 22General Government, Consumer and Small Business Protection reported it without a recommendation, and that it go to Rules and rescind subsequent referral to Judiciary
    6. Sent to Rules
    7. Jul 8Died when the session ended
    All 8 actions, as published
    1. Mar 6Introduction and first reading. Referred to President's desk.Senate
    2. Mar 13Referred to General Government, Consumer and Small Business Protection, then Judiciary.Senate
    3. Apr 10Public Hearing and Work Session held.Senate
    4. Apr 17Work Session held.Senate
    5. Apr 22Recommedation: Without recommendation as to passage but with amendments and be referred to Rules and rescind subsequent referral to Judiciary.Senate
    6. Apr 22Subsequent referral rescinded by order of the President.Senate
    7. Apr 22Referred to Rules by order of the President.Senate
    8. Jul 8In committee upon adjournment.Senate