OR SB380 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Unknown
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Summary

Prohibits county from bringing claim or action against person if claim or action is based on statement in trust deed that nominee or agent of lender is grantee or beneficiary, based on county's recording or indexing instrument that states that nominee or agent of lender is grantee or beneficiary or based on person's having obtained or transferred interest in trust deed by means of instrument that was executed or delivered to person but was not recorded in county's deeds and mortgages records or in county's County Clerk Lien Record. Prohibits county clerk from charging or collecting fee for instrument that transfers interest in trust deed and that was executed and delivered to person but was not presented for recording. Applies to claims that arise before, on or after January 1, 2018, but does not apply to actions that commenced before January 1, 2018. Declares emergency, effective on passage.

Tracking Information

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Title

Relating to trust deeds; declaring an emergency.

Sponsors

No sponsor information available at this time.

Roll Calls

2019-04-29 - Senate - Senate Third Reading (Y: 28 N: 0 NV: 0 Abs: 2) [PASS]
2019-04-08 - Senate - Senate Committee Do pass (Y: 6 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-06-30HouseIn committee upon adjournment.
2019-05-02HouseReferred to Judiciary.
2019-04-30HouseFirst reading. Referred to Speaker's desk.
2019-04-29SenateThird reading. Carried by Bentz. Passed. Ayes, 28; Excused, 2--Riley, Winters.
2019-04-25SenateSecond reading.
2019-04-25SenateRecommendation: Do pass.
2019-04-08SenateWork Session held.
2019-02-12SenatePublic Hearing held.
2019-01-16SenateReferred to Judiciary.
2019-01-14SenateIntroduction and first reading. Referred to President's desk.

Oregon State Sources


Bill Comments

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