Florida Senate - 2008 COMMITTEE AMENDMENT
Bill No. SB 698
191800
Senate
Comm: RCS
4/1/2008
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House
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The Committee on Judiciary (Deutch) recommended the following
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amendment:
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Senate Amendment (with title amendment)
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Delete line(s) 432
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and insert:
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Section 18. Effective upon this act becoming a law,
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subsection (4) is added to section 727.114, Florida Statutes, to
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read:
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727.114 Priority of claims.--Allowed claims shall receive
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distribution under this chapter in the following order of
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priority and, with the exception of paragraph (1)(a), on a pro
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rata basis:
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(4) If all of the creditors listed in subsections (1)-(3)
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have been paid in full, any residue shall be paid to the
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assignor.
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Section 19. Except as otherwise expressly provided in this
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act and except for this section, which shall take effect upon
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becoming a law, this act shall take effect July 1, 2008.
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================ T I T L E A M E N D M E N T ================
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And the title is amended as follows:
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Delete line(s) 60
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and insert:
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currently on file; amending s. 727.114, F.S.; providing
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that the assignor be paid any residue if all creditors
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have been paid in full; providing effective dates.
3/21/2008 1:16:00 PM 30-05477-08
CODING: Words stricken are deletions; words underlined are additions.