South Carolina General Assembly
116th Session, 2005-2006

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A73, R90, H3454

STATUS INFORMATION

General Bill
Sponsors: Reps. Cotty and Harrison
Document Path: l:\council\bills\gjk\20209sd05.doc

Introduced in the House on February 3, 2005
Introduced in the Senate on March 16, 2005
Passed by the General Assembly on May 17, 2005
Governor's Action: May 23, 2005, Signed

Summary: Mortgage satisfaction

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
    2/3/2005  House   Introduced and read first time HJ-13
    2/3/2005  House   Referred to Committee on Judiciary HJ-13
    3/9/2005  House   Committee report: Favorable Judiciary HJ-7
   3/14/2005  House   Read second time HJ-17
   3/15/2005  House   Read third time and sent to Senate HJ-107
   3/16/2005  Senate  Introduced and read first time SJ-9
   3/16/2005  Senate  Referred to Committee on Banking and Insurance SJ-9
   5/11/2005  Senate  Committee report: Favorable Banking and Insurance SJ-15
   5/12/2005  Senate  Read second time SJ-37
   5/17/2005  Senate  Read third time and enrolled SJ-13
   5/18/2005          Ratified R 90
   5/23/2005          Signed By Governor
   5/25/2005          Copies available
   5/25/2005          Effective date 05/23/05
   5/27/2005          Act No. 73

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

2/3/2005
3/9/2005
5/11/2005

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A73, R90, H3454)

AN ACT TO AMEND SECTION 29-3-330, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO METHODS OF ENTERING A MORTGAGE SATISFACTION, SO AS TO FURTHER PROVIDE FOR THE CONTENTS OF THE AFFIDAVIT THAT AN ATTORNEY IS PERMITTED TO FILE IN REGARD TO A MORTGAGE WHICH HE HAS SATISFIED.

Be it enacted by the General Assembly of the State of South Carolina:

Contents of attorney affidavit

SECTION    1.    Section 29-3-330(e)2.a. of the 1976 Code, as last amended by Act 67 of 1999, is further amended to read:

"a.    [ ]    That the undersigned was given written payoff information and made such payoff and is in possession of a canceled check or other evidence of payment to the mortgagee, holder of record, or representative servicer;"

Time effective

SECTION    2.    This act takes effect upon approval by the Governor.

Ratified the 18th day of May, 2005.

Approved the 23rd day of May, 2005.

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