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CT SB01074

Bill

Status

Introduced

2/24/2011

Primary Sponsor

Judiciary Committee

Click for details

Origin

Senate

2011 General Assembly

AI Summary

  • Repeals Section 49-17 of the general statutes, effective October 1, 2011
  • Eliminates provisions allowing title to mortgaged premises to vest in a person entitled to receive mortgage-secured funds during foreclosure proceedings
  • Removes authority for non-mortgagee parties to gain title to mortgaged property through foreclosure in the same manner as a mortgagee would after redemption period expires and recording occurs

Legislative Description

An Act Concerning Foreclosure When Legal Title Has Not Been Conveyed.

Last Action

Public Hearing 03/04

2/28/2011

Committee Referrals

Judiciary2/24/2011

Full Bill Text

No bill text available