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MS HB809

Bill

Status

Failed

2/1/2011

Primary Sponsor

Greg Snowden

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Amends Section 81-18-5 of the Mississippi Code of 1972 to add an exemption to the Mississippi S.A.F.E. Mortgage Act
  • Exempts sellers of real property who receive one or more mortgages or deeds of trust as security for a purchase money obligation from S.A.F.E. Mortgage Act provisions
  • Effective date is July 1, 2011

Legislative Description

S.A.F.E. Mortgage Act; exempt real property sellers who receive mortgages as security for purchase money obligations.

Last Action

Died In Committee

2/1/2011

Full Bill Text

No bill text available