History of Actions | Background | Title |
Description: Casualty insurance; limit maximum coverage mortgage lender may require on secured property.
1 | 01/13/97 | (H) | Referred To Banks and Banking | |
2 | 01/22/97 | (H) | Title Suff Do Pass | |
3 | 01/28/97 | (H) | Passed | |
4 | 01/29/97 | (H) | Transmitted To Senate | |
5 | 01/30/97 | (S) | Referred To Business and Financial Institutions | |
6 | 03/04/97 | (S) | Died In Committee |
Effective date | July 1, 1997 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
3/5ths vote required | No |
House Committee:
Senate Committee:
Principal Author: Davis (7th)
Title: AN ACT TO PROHIBIT MORTGAGE LENDERS FROM REQUIRING DEBTORS TO PROCURE INSURANCE FOR THE PROTECTION OF REAL PROPERTY IN AN AMOUNT THAT EXCEEDS THE REPLACEMENT COST OF STRUCTURES OR IMPROVEMENTS ON THE PROPERTY AT THE TIME OF THE LOAN OR EXTENSION OF CREDIT; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB1025.htm