History of Actions | Background | Title |
Description: Deeds of trust; not automatically extinquished upon payment of money secured.
| 1 | 01/18/99 | (H) | Referred To Judiciary B | |
| 2 | 02/02/99 | (H) | Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
House Committee:
Principal Author: Wells-Smith
Code Sections: A 089-0001-0049, A 089-0005-0021
Title: AN ACT TO AMEND SECTION 89-1-49, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MORTGAGES OR DEEDS OF TRUST THAT SECURE LINES OF CREDIT SHALL NOT BE EXTINGUISHED UPON PAYMENT OF THE MONEY SECURED; TO AMEND SECTION 89-5-21, MISSISSIPPI CODE OF 1972, TO SPECIFY WHEN SATISFACTION OF MORTGAGES OR DEEDS OF TRUST SECURING A LINE OF CREDIT SHALL BE ENTERED UPON THE RECORD; AND FOR RELATED PURPOSES.
End Of Document
1999\html\History/HB\HB1440.htm