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A Bill to Amend Section 30-5-35, Code of Laws of South Carolina, 1976, Relating to the Derivation Clause Requirement on a Deed and Mortgage, So as to Require All Mortgages Executed After June 1, 2018, to Include a Clause Setting Forth the Name of the Party Who Prepared the Mortgage or the Attorney Licensed in South Carolina Who Assisted in the Closing of the Instrument.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

SC H 5055 · H · 2017-2018

Stage
Session ended
Sponsors
30
Latest action
Mar 1, 2018

Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · Mar 1, 2018

  3. Floor (Needs attention)

    The session ended first

  4. Law (Not started)

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in South Carolina.

Work with this bill

A BILL TO AMEND SECTION 30-5-35, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE DERIVATION CLAUSE REQUIREMENT ON A DEED AND MORTGAGE, SO AS TO REQUIRE ALL MORTGAGES EXECUTED AFTER JUNE 1, 2018, TO INCLUDE A CLAUSE SETTING FORTH THE NAME OF THE PARTY WHO PREPARED THE MORTGAGE OR THE ATTORNEY LICENSED IN SOUTH CAROLINA WHO ASSISTED IN THE CLOSING OF THE INSTRUMENT. | 52