HB 799: Nonjudicial Foreclosure/Commercial Real Property
GENERAL BILL by Young
Nonjudicial Foreclosure/Commercial Real Property; Provides for applicability of provisions; provides for appointment of trustee; provides for trustee initiation of foreclosure of mortgage liens; provides for objections by obligors; provides for redemption of property; provides requirements to be met before encumbered property may be sold by trustee; provides for notice & manner of sale; specifies effect of sale; provides for trustee's certificate of compliance & deed; provides for disposition of sale proceeds, etc.
Effective Date: 7/1/2011
Last Action: 5/7/2011 House - Died in Civil Justice Subcommittee
Bill Text: Web Page | PDF
Last Action: 5/7/2011 House - Died in Civil Justice Subcommittee
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/16/2011 | House |
• Filed |
| 3/3/2011 | House |
• Referred to Civil Justice Subcommittee; Insurance and Banking Subcommittee; Judiciary Committee -HJ 68 |
| 3/8/2011 | House |
• Introduced -HJ 68 |
| 5/7/2011 | House |
• Indefinitely postponed and withdrawn from consideration • Died in Civil Justice Subcommittee |
