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HB 451: Sufficiency of Description of Security Interests

GENERAL BILL by Robinson, W.

Sufficiency of Description of Security Interests; Provides that description of certain accounts & entitlements by certain type of collateral is insufficient for purpose of security agreements; provides retroactive application.

Effective Date: upon becoming a law
Last Action: 1/20/2022 House - Added to Second Reading Calendar
Bill Text: PDF



Bill History

Date Chamber Action
11/2/2021 House • Filed
11/10/2021 House • Referred to Civil Justice & Property Rights Subcommittee
• Referred to Insurance & Banking Subcommittee
• Referred to Judiciary Committee
• Now in Civil Justice & Property Rights Subcommittee
11/23/2021 House • Added to Civil Justice & Property Rights Subcommittee agenda
12/1/2021 House • Favorable by Civil Justice & Property Rights Subcommittee
• Reported out of Civil Justice & Property Rights Subcommittee
• Now in Insurance & Banking Subcommittee
1/11/2022 House • Added to Insurance & Banking Subcommittee agenda
• 1st Reading (Original Filed Version)
1/13/2022 House • Favorable by Insurance & Banking Subcommittee
• Reported out of Insurance & Banking Subcommittee
• Now in Judiciary Committee
1/18/2022 House • Added to Judiciary Committee agenda
1/20/2022 House • Favorable by Judiciary Committee
• Reported out of Judiciary Committee
• Bill released to House Calendar
• Added to Second Reading Calendar