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Session 112 - (1997-1998)Printer Friendly
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H 4671 General Bill, By Harrison
A BILL TO AMEND SECTION 29-3-325, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO RECORDING SATISFACTION OR CANCELLATION OF A MORTGAGE, SO AS TO DELETE CERTAIN PROVISIONS AND LANGUAGE AND PROVIDE, AMONG OTHER THINGS, THAT UPON PAYMENT IN FULL OF A MORTGAGE DEBT, WRITTEN REQUEST FOR SATISFACTION OF THE MORTGAGE, AND PAYMENT OF ANY REQUIRED SATISFACTION FEE, THE MORTGAGEE OR ASSIGNEE IS RESPONSIBLE FOR RECORDING THE SATISFACTION OR CANCELLATION OF THE MORTGAGE IT HOLDS; AND TO REPEAL SECTION 29-3-320, RELATING TO LIABILITY FOR FAILURE TO ENTER SATISFACTION OF A MORTGAGE.
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A BILL TO AMEND SECTION 29-3-325, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO RECORDING SATISFACTION OR CANCELLATION OF A MORTGAGE, SO AS TO DELETE CERTAIN PROVISIONS AND LANGUAGE AND PROVIDE, AMONG OTHER THINGS, THAT UPON PAYMENT IN FULL OF A MORTGAGE DEBT, WRITTEN REQUEST FOR SATISFACTION OF THE MORTGAGE, AND PAYMENT OF ANY REQUIRED SATISFACTION FEE, THE MORTGAGEE OR ASSIGNEE IS RESPONSIBLE FOR RECORDING THE SATISFACTION OR CANCELLATION OF THE MORTGAGE IT HOLDS; AND TO REPEAL SECTION 29-3-320, RELATING TO LIABILITY FOR FAILURE TO ENTER SATISFACTION OF A MORTGAGE.
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02/19/98 | House | Introduced and read first time HJ-5 |
02/19/98 | House | Referred to Committee on Judiciary HJ-5 |
04/01/98 | House | Committee report: Favorable with amendment Judiciary HJ-5 |
04/02/98 | House | Amended HJ-20 |
04/02/98 | House | Read second time HJ-21 |
04/02/98 | House | Unanimous consent for third reading on next legislative day HJ-21 |
04/03/98 | House | Read third time and sent to Senate HJ-2 |
04/07/98 | Senate | Introduced and read first time SJ-4 |
04/07/98 | Senate | Referred to Committee on Banking and Insurance SJ-4 |
05/19/98 | Senate | Committee report: Favorable Banking and Insurance SJ-19 |
05/27/98 | Senate | Read second time SJ-108 |
05/27/98 | Senate | Ordered to third reading with notice of amendments SJ-108 |