Substitute for Raised H.B. No. 6369
Session Year 2021
 


AN ACT REQUIRING MORTGAGEES TO DELIVER MORTGAGE RELEASES TO THE TOWN CLERK AND TO ACCEPT CERTAIN FORMS OF PAYMENT TENDERED IN SATISFACTION OR PARTIAL SATISFACTION OF A MORTGAGE.

To: (1) Require a mortgagee to deliver the mortgage release to the town clerk and a certified copy of such release to the mortgagor; (2) require a mortgagee to accept a payment for mortgage releases from an attorney's IOLTA account; and (3) allow property owners to substitute bonds for mechanic's liens without seeking judicial intervention.

Introduced by:
Banking Committee

 New today  2-4 days old  5 days & older
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Bill History

 Date Action Taken
 4/29/2021(LCO)File Number 629
 4/29/2021Tabled for the Calendar, House
 4/29/2021New File by Committee on Judiciary
 4/29/2021(LCO)Reported Out of Legislative Commissioners' Office
 4/23/2021(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/28/21 5:00 PM
 4/21/2021(LCO)Filed with Legislative Commissioners' Office
 4/20/2021(JUD)Joint Favorable Substitute
 4/13/2021Referred by House to Committee on Judiciary
 3/17/2021(LCO)File Number 70
 3/17/2021House Calendar Number 89
 3/17/2021Favorable Report, Tabled for the Calendar, House
 3/17/2021(LCO)Reported Out of Legislative Commissioners' Office
 3/11/2021(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 03/16/21 5:00 PM
 3/2/2021(LCO)Filed with Legislative Commissioners' Office
 2/23/2021(BA)Joint Favorable Substitute
 2/4/2021Public Hearing 02/09
 2/3/2021Referred to Joint Committee on Banking

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