South Carolina General Assembly
116th Session, 2005-2006

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Bill 3454

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

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COMMITTEE REPORT

March 9, 2005

H. 3454

Introduced by Reps. Cotty and Harrison

S. Printed 3/9/05--H.

Read the first time February 3, 2005.

            

THE COMMITTEE ON JUDICIARY

To whom was referred a Bill (H. 3454) 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, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass:

JAMES H. HARRISON for Committee.

            

A BILL

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:

SECTION    1.    Section 29-3-330(e)(1)(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;"

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

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