CT SB00130 | 2014 | General Assembly

Status

Spectrum: Committee Bill
Status: Introduced on February 18 2014 - 25% progression, died in committee
Action: 2014-02-21 - Public Hearing 02/25
Pending: Joint Banks Committee
Text: Latest bill text (Introduced) [HTML]

Summary

To address concerns regarding the difficulties of closing and scheduling the settlement of funds and the potential violation of the Attorney Settlement Agent's ethical obligation not to commingle funds of different clients when wire transfers are delayed and the closing attorneys close in escrow.

Tracking Information

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Title

An Act Concerning The Payment Of First Or Secondary Mortgage Loan Proceeds By Wire Transfer.

Sponsors


History

DateChamberAction
2014-02-21SenatePublic Hearing 02/25
2014-02-18SenateReferred to Joint Committee on Banks

Connecticut State Sources


Bill Comments

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