Title Insurance; lender's security interest; personal property taken by the lender as collateral for a commercial loan; allow
It became law on Jul 1, 2019.
- Stage
- Became law
- Started in
- Senate
- Sponsors
- +2
- Latest action
- Jul 1, 2019
What it does
A BILL to be entitled an Act to amend Code Section 33-7-8 of the Official Code of Georgia Annotated, relating to title insurance, so as to allow title insurance to be procured on a lender's security interest in personal property taken by the lender as collateral for a commercial loan; to repeal conflicting laws; and for other purposes.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
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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
It is law in Georgia. What happens now is up to the agency that carries it out, the courts, and the place itself.