Help | Staff Login
2018 Regular Session
Follow this Bill: e-Subscribe Email | RSS
Overview
At the request of: (at the request of Community Banks of Oregon)
Chief Sponsors: Senator Hansell
Regular Sponsors: Senator Beyer, Burdick, Girod, Johnson, Knopp, Monroe, Roblan, Thomsen, Representative Barker, Barreto, Bynum, Evans, Kennemer, Lively, Olson, Smith DB, Wilson, Witt (Presession filed.)
Bill Title: Relating to trust deeds; declaring an emergency.
Catchline/Summary: Prohibits county from bringing claim or action against person if claim or action is based on statement in trust deed that nominee or agent of lender is grantee or beneficiary, based on county's recording or indexing instrument that states that nominee or agent of lender is grantee or beneficiary or based on person's having obtained or transferred interest in trust deed by means of instrument that was executed or delivered to person but was not recorded in county's deeds and mortgages records or
in county's County Clerk Lien Record. Prohibits county clerk from charging or collecting fee for instrument that transfers interest in trust deed and that was executed and delivered to person but was not presented for recording. Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact: Fiscal Impact Issued
Revenue Impact: No Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In Senate Committee Awaiting transfer to Desk
Current Committee: Senate Committee On Judiciary
Current Subcommittee:
Subsequent Referral(s):
Measure History
Scheduled Events