Previous Amendment Session 126 (2025-2026)
Bill Number H 3856 - Amendment Number 1
Considered 30-MAR-2026
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Current Amendment: 1 to Bill 3856

Senators GROOMS and VERDIN proposes the following amendment (SR-3856.CEM0009S):

Amend the bill, as and if amended, SECTION 18, by striking Section 56-19-680(2) and inserting:

 (2) If payment for lien satisfaction is received by paper, then the lienholder shall execute the release within ten business days, excluding federal and state holidays, of receipt of payment after confirmation that the funds are good and that the lien is fully satisfied. If payment for lien satisfaction is received electronically, then the lienholder shall execute the release within three business days, excluding federal and state holidays, of receipt of payment after confirmation that the funds are good and that the lien is fully satisfied.

Renumber sections to conform.

Amend title to conform.