Instructions


 
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Session 120 - (2013-2014)Printer Friendly
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H 3322 General Bill, By Hart
Summary: Mortgage payments
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 29-1-60 SO AS TO PROVIDE NOTWITHSTANDING ANOTHER PROVISION OF LAW OR CONTRACT, WHEN A MORTGAGEE MAKES A PAYMENT ON A LOAN SECURED BY A MORTGAGE, THE MORTGAGOR SHALL APPLY AT LEAST THIRTY PERCENT OF THE PAYMENT RECEIVED TOWARD THE PRINCIPAL BALANCE OF THE LOAN SECURED BY THE MORTGAGE, AND TO PROVIDE A PENALTY.
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01/15/13House Introduced and read first time (House Journal-page 12)
01/15/13House Referred to Committee on Labor, Commerce and Industry (House Journal-page 12)



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