HB 918 - Mortgages; settlement funds; disbursement; provisions

Current VersionPDF Version

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Committees

Current Status

01/16/08 - House Second Readers

First Reader Summary

A BILL to be entitled an Act to amend Article 1 of Chapter 14 of Title 44 of the Official Code of Georgia Annotated, relating to general provisions concerning mortgages, conveyances to secure debt, and liens, so as to provide for the disbursement of certain settlement funds after closing even though such funds are not collected funds; to provide that lenders shall provide loan funds in the form of collected funds at or prior to closing; to provide for related matters; to provide an effective date; to repeal conflicting laws; and for other purposes.

Status History

Bill History
DateAction
01/07/2008House Prefiled
01/15/2008House First Readers
01/16/2008House Second Readers