MD SB787 | 2010 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 13 2010 - 100% progression
Action: 2010-04-13 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 13 2010 - 100% progression
Action: 2010-04-13 - Approved by the Governor
Text: Latest bill text (Chaptered) [PDF]
Summary
Establishing that for purposes of satisfying specified minimum net worth requirements, in addition to computing the net worth of a specified applicant for a new mortgage broker's license or for the renewal of a license according to generally accepted accounting principles, net worth may be computed according to any other recognized comprehensive basis of accounting approved by the Commissioner of Financial Regulation.
Title
Financial Institutions - Mortgage Lenders - Net Worth Requirements
Sponsors
Roll Calls
2010-03-09 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2010-04-13 | Approved by the Governor | |
| 2010-03-31 | Third Reading Passed (140-0) | |
| 2010-03-30 | Second Reading Passed | |
| 2010-03-30 | Favorable Report Adopted | |
| 2010-04-06 | Favorable Report by Economic Matters | |
| 2010-03-10 | Hearing 3/25 at 1:00 p.m. | |
| 2010-03-10 | First Reading Economic Matters | |
| 2010-04-04 | Returned Passed | |
| 2010-03-09 | Third Reading Passed (46-0) | |
| 2010-03-05 | Second Reading Passed with Amendments | |
| 2010-03-05 | Favorable with Amendments Report Adopted | |
| 2010-03-04 | Favorable with Amendments Report by Finance | |
| 2010-02-17 | Hearing 3/2 at 1:00 p.m. | |
| 2010-02-10 | First Reading Finance |
