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2017 Regular Session
Overview
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to trust deeds; declaring an emergency.
Catchline/Summary: Revises definition of "beneficiary." Modifies requirements for trustee to foreclose trust deed by advertisement and sale.
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. Permits beneficiary to designate agent or nominee to act on behalf of beneficiary. Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact: No Fiscal Impact
Revenue Impact: No Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In Senate Committee
Current Committee: Senate Committee On Business and Transportation
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events