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ID H0175

Bill

Official Source

Status

Passed

3/15/2013

Primary Sponsor

State Affairs Committee

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Allows persons with special liens on livestock to sell the property at a licensed public livestock auction market if the lien remains unpaid after 60 days
  • Permits equines subject to a lien to be sold at a public sale instead of requiring a public auction market
  • Requires 10 days' notice to the livestock owner(s) and state brand inspector before sale, with notice containing specific verified information including time, place, date, identification details, and lienor's statement of compliance
  • Mandates notice be delivered by personal service or certified/registered mail to the last known address of owners and any holders of prior perfected security interests
  • Specifies sale proceeds must be applied first to prior perfected security interests, then to the lien and costs, with any remainder paid to the owner

Legislative Description

Amends existing law relating to special liens regarding livestock to provide that certain livestock may be sold at a licensed public livestock auction market and to provide that certain equines may be sold at a sale offered to the public.

LIVESTOCK LIENS

Last Action

Reported Signed by Governor on March 15, 2013 Session Law Chapter 86 Effective: 07/01/13

3/15/2013

Committee Referrals

Agricultural Affairs2/27/2013
Agricultural Affairs2/14/2013

Full Bill Text

No bill text available