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Georgia General Assembly > Legislation
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2011-2012 Regular Session - SB 365
Property; collected funds; change prov.; residential real property; provide form Acknowledgment and Waiver of Borrower's Rights
Sponsored By
Sponsored In House By
First Reader Summary
A BILL to be entitled an Act to amend Article 3 of Chapter 19 of Title 15 of the Official Code of Georgia Annotated, relating to the regulation of the practice of law, so as to define a term; to provide for a private cause of action; to amend Chapter 14 of Title 44 of the Official Code of Georgia Annotated, relating to mortgages, conveyances to secure debt, and liens, so as to change provisions relating to collected funds; to provide for penalties; to require an attorney to attest that a borrower knowingly, intentionally, and willingly executed such form; to provide that mortgages shall be voidable if a waiver of borrower's rights and attorney attestation is not completed for a residential real property mortgage; to provide for related matters; to repeal conflicting laws; and for other purposes.
Status History
Jul/01/2012 - Effective Date
May/02/2012 - Act 744
May/02/2012 - Senate Date Signed by Governor
Apr/05/2012 - Senate Sent to Governor
Mar/29/2012 - House Agreed Senate Amend or Sub
Mar/27/2012 - Senate Agreed House Amend or Sub As Amended
Mar/26/2012 - House Passed/Adopted By Substitute
Mar/26/2012 - House Third Readers
Mar/20/2012 - House Committee Favorably Reported By Substitute
Mar/05/2012 - House Second Readers
Feb/29/2012 - House First Readers
Feb/28/2012 - Senate Passed/Adopted By Substitute
Feb/28/2012 - Senate Third Read
Feb/24/2012 - Senate Read Second Time
Feb/23/2012 - Senate Committee Favorably Reported By Substitute
Feb/01/2012 - Senate Read and Referred
Jan/31/2012 - Senate Hopper
3/27/2012 Senate agreed to House substitute as amended; 3/29/2012 House agrees to Senate Amendment to House Substitute
Mar/29/2012 - House Vote #862Yea(152)Nay(8)NV(15)
Mar/27/2012 - Senate Vote #802Yea(46)Nay(1)NV(5)
Mar/26/2012 - House Vote #746Yea(129)Nay(29)NV(15)
Feb/28/2012 - Senate Vote #534Yea(52)Nay(2)NV(0)
Past Versions