Bill Text: HI SB1227 | 2017 | Regular Session | Amended
Bill Title: Relating To Foreclosures.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2017-07-11 - Act 158, 07/10/2017 (Gov. Msg. No. 1259). [SB1227 Detail]
Download: Hawaii-2017-SB1227-Amended.html
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THE SENATE |
S.B. NO. |
1227 |
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TWENTY-NINTH LEGISLATURE, 2017 |
H.D. 2 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO FORECLOSURES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Act 182, Session Laws of Hawaii 2012, is amended by amending section 69 to read as follows:
"SECTION 69. This Act shall take effect upon its approval; provided that:
(1) On July 1, [2017:] 2022:
(A) Section 667-O in section 3 of this Act shall be repealed; and
(B) Section 667-P in section 3 of this Act shall take effect;
(2) Section 4 of this Act, amending section 454M-5, Hawaii Revised Statutes, shall take effect on July 1, 2012;
(3) The website maintained by the department of commerce and consumer affairs for purposes of publishing the electronic public notices of public sale pursuant to section 667-27(d), as amended in section 20 of this Act, shall be operative no later than August 30, 2012;
(4) Section 26 of this Act, amending section 667-41, Hawaii Revised Statutes, shall take effect on September 1, 2012; and
(5) Part VI of this Act, amending sections 667-F, 667-R, and 667-27, Hawaii Revised Statutes, shall take effect two years after the effective date of this Act."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2059.
Report Title:
Foreclosures; Attorney Affirmation; Judicial Foreclosure
Description:
Extends the repeal date from 2017 to 2022 for the requirement that an attorney seeking to foreclose on behalf of a mortgagee on a residential property under a judicial foreclosure action shall file an affirmation pursuant to a prescribed form, under penalty of perjury, that the attorney has verified the accuracy of all documents submitted. (SB1227 HD2)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
