WA People
BILL · 1991–92 SESSION

SB 5077: Security interests recording

Perfecting certain security interests upon recording.

Summary

  • Assignment of rents and loans for security are perfected as of the time of recording and no further action is required by the holder to perfect the security interest even if recorded before July 23, 1989, the effective date of the 1989 legislation.

From the Senate Bill Report (SB 5077), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 188, Laws of 1991
  1. IntroducedJan 18, 1991
  2. Out of committee
  3. Passed SenateFeb 25, 1991
  4. Passed HouseApr 15, 1991
  5. Governor
  6. LawMay 15, 1991
Prime sponsor
Gary Nelson (R-21)
Introduced
January 18, 1991 in the Senate
Last action
May 15, 1991
Session law
Chapter 188, Laws of 1991

Sponsors

Prime sponsor: Gary Nelson (R-21)

1 co-sponsor (1 Democrat, 0 Republicans)

A.L. "Slim" Rasmussen D-29

Votes

Senate · Final Passage

February 25, 1991
Version voted on: SB 5077
33 Yea 13 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat131100
Republican20203
How each member voted

Excused (3)

Permalink to this vote

House · Final Passage

April 15, 1991
Version voted on: SB 5077
94 Yea 1 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat55102
Republican39001
How each member voted

Yea (94)

Nay (1)

Excused (3)

Permalink to this vote

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5077 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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