VA SB294 | 2010 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on April 12 2010 - 100% progression
Action: 2010-04-12 - Governor: Acts of Assembly Chapter text (CHAP0665)
Text: Latest bill text (Chaptered) [HTML]

Summary

Mortgage Lender and Broker Act; definition of principal. Provides that a principal, for purposes of the Mortgage Lender and Broker Act, means a person who, directly or indirectly, owns or controls a 10 percent or greater interest in a corporation, partnership, association, cooperative, limited liability company, trust, joint venture, or other legal or commercial entity. Currently, a principal is a person who, directly or indirectly, owns or controls a 10 percent or greater interest in a stock corporation, nonstock corporation, or limited liability company.

Tracking Information

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Title

Mortgage Lender and Broker Act; definition of principal.

Sponsors


Roll Calls

2010-02-26 - House - House: VOTE: BLOCK VOTE PASSAGE (96-Y 0-N) (Y: 97 N: 0 NV: 4 Abs: 0) [PASS]
2010-02-23 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2010-01-29 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2010-01-27 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2010-01-25 - Senate - Senate: Reported from Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2010-04-12 Governor: Acts of Assembly Chapter text (CHAP0665)
2010-04-12 Governor: Approved by Governor-Chapter 665 (effective 7/1/10)
2010-03-08 Senate: Signed by President
2010-03-05 House: Signed by Speaker
2010-03-05 Senate: Bill text as passed Senate and House (SB294ER)
2010-03-05 Senate: Enrolled
2010-02-26 House: VOTE: BLOCK VOTE PASSAGE (96-Y 0-N)
2010-02-26 House: Passed House BLOCK VOTE (96-Y 0-N)
2010-02-26 House: Read third time
2010-02-25 House: Read second time
2010-02-23 House: Reported from Commerce and Labor (22-Y 0-N)
2010-02-08 House: Referred to Committee on Commerce and Labor
2010-02-08 House: Read first time
2010-02-08 House: Placed on Calendar
2010-01-29 Senate: Read third time and passed Senate (40-Y 0-N)
2010-01-28 Senate: Read second time and engrossed
2010-01-27 Senate: Constitutional reading dispensed (40-Y 0-N)
2010-01-25 Senate: Reported from Commerce and Labor (15-Y 0-N)
2010-01-12 Senate: Referred to Committee on Commerce and Labor
2010-01-12 Senate: Prefiled and ordered printed; offered 01/13/10 10101392D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
61409(n/a)See Bill Text

Virginia State Sources


Bill Comments

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