SB 531 - Foreclosure; conduct by the current owner/holderof mortgage; require
Current Status
05/13/08 - Senate Date Signed by Governor First Reader Summary
A BILL to be entitled an Act to amend Article 7 of Chapter 14 of Title 44 of the Official Code of Georgia Annotated, relating to foreclosure on mortgages, conveyances to secure debt, and liens, so as to require a foreclosure to be conducted by the current owner or holder of the mortgage, as reflected by public records; to provide for the identity of the secured creditor to be included in the advertisement and in court records; to provide for related matters; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 03/11/2008 | 4:40PM | Senate Vote #732 | 052 | 000 | 002 | 002 | PASSAGE |
| 04/01/2008 | 11:47AM | House Vote #922 | 162 | 000 | 004 | 014 | PASS |
| 04/04/2008 | 3:26PM | Senate Vote #981 | 050 | 000 | 004 | 002 | AGREE TO HOUSE SUBSTITUTE |
Status History
Bill History| Date | Action |
|---|
| 02/28/2008 | Senate Read and Referred |
| 03/05/2008 | Senate Committee Favorably Reported |
| 03/06/2008 | Senate Read Second Time |
| 03/11/2008 | Senate Third Read |
| 03/11/2008 | Senate Passed/Adopted |
| 03/12/2008 | House First Readers |
| 03/18/2008 | House Second Readers |
| 03/28/2008 | House Committee Favorably Reported |
| 04/01/2008 | House Third Readers |
| 04/01/2008 | House Passed/Adopted |
| 04/04/2008 | Senate Agrees House Amend or Sub |
| 04/21/2008 | Senate Sent to Governor |
| 05/13/2008 | Senate Date Signed by Governor |
| 05/13/2008 | Act 576 |
| 05/13/2008 | Effective Date |