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MO HB446

Bill

Status

Enrolled

5/6/2013

Primary Sponsor

John Diehl

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Adds section 443.454 to Missouri law governing enforcement and servicing of real estate loans secured by mortgage, deed of trust, or other security instruments.

  • Restricts local laws and ordinances from adding to, changing, delaying enforcement of, or interfering with loan agreements, security instruments, mortgages, or deeds of trust.

  • Prohibits local laws and ordinances from imposing fees, taxes, or requiring payments to government contractors related to real estate loans, mortgages, deeds of trust, or other security instruments.

  • Establishes that enforcement and servicing of real estate loans shall be governed solely by state and federal law.

Legislative Description

Changes the laws regarding the enforcement and servicing of real estate loans

Last Action

Gov Took no Action, Sent to Sec of State/Article 3 Sec 31(H)

7/12/2013

Committee Referrals

Rules2/25/2013
Financial Institutions2/14/2013

Full Bill Text

No bill text available