BILL · 1995–96 SESSION

SB 6573: UCC termination statements

Enforcing termination statements.

Summary

  • A statutory process is established under UCC Article 9 to have invalid liens removed from a person's property. If a lender fails to file a termination statement as required, a debtor may petition a superior court to direct the person filing such a lien to appear in court to determine the validity of such a lien.

From the Senate Bill Report (SB 6573), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 18, 1996
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Brad Owen (D-35)
Introduced
January 18, 1996 in the Senate
Last action
February 21, 1996
Requested by
State agency
Budget
Has a fiscal note

Sponsors

Prime sponsor: Brad Owen (D-35)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

No recorded floor votes.

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 6573 in other sessions

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

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