TN SB1610 | 2011-2012 | 107th General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 17 2011 - 25% progression, died in committee
Action: 2011-02-24 - P2C, ref. to S. Jud Comm.
Pending: Senate Judiciary Committee
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on February 17 2011 - 25% progression, died in committee
Action: 2011-02-24 - P2C, ref. to S. Jud Comm.
Pending: Senate Judiciary Committee
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, requires mandatory mediation between a bank or other financial institution and a borrower before foreclosure proceedings may be instituted on a deed of trust, mortgage, or other lien securing the payment of money or other thing of value. - Amends TCA Title 35 and Title 45.
Title
As introduced, requires mandatory mediation between a bank or other financial institution and a borrower before foreclosure proceedings may be instituted on a deed of trust, mortgage, or other lien securing the payment of money or other thing of value. - Amends TCA Title 35 and Title 45.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-02-24 | P2C, ref. to S. Jud Comm. | |
| 2011-02-23 | Intro., P1C. | |
| 2011-02-17 | Filed for intro. |
Same As/Similar To
HB1522 (Crossfiled) 2011-04-06 - Taken Off Notice For Cal. in s/c Commerce Subcommittee of Commerce Committee
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1610&ga=107 |
| Text | https://www.capitol.tn.gov/Bills/107/Bill/SB1610.pdf |
