Proposed date: Monday, February, 25th 2008 Latest Update: Thursday, May, 15th 2008
URTH ENGROSSMENT Lending practices and default regulation provided relating to manufactured housing. Section 1: Notice; service language is modified. Section 2: Court order language is modified. Section 3: Voluntary repossession language is provided. Section 4: Cure of default language is modified. Section 5: Reinstatement language is provided. Subdivision 1. Right to reinstate. Subdivision 2. Required notice; contents of notice. Subdivision 3. Action to repossess; termination of action. Subdivision 4. Allowable costs. Section 6: Borrower definition is provided. Section 7: Churning language is provided. Section 8: Manufactured home lender language is provided. Section 9: Manufactured home loan language is provided. Section 10: Negative amortization language is provided. Section 11: Duty of agency language is provided. Section 12: Standards of conduct language is provided. Section 13: Interest, points, finance charges, fees, and other charges language is provided. Subdivision 1. Financed interest, points, finance charges, fees, and other charges. Subdivision 2. Prepayment penalties. Subdivision 3. Exemption. Section 14: Additional remedies and enforcement language is modified. Subdivision 1. Private remedies. Subdivision 2. Fraud remedies. SNA 5/7/08
Latest Actions
- 05/07/2008 - Secretary of State Ch. 273 05/05/08
- 05/01/2008 - Senate adopted conference committee report, bill repassed
- 05/01/2008 - Senate concurrence and repassage
- 04/30/2008 - Conference committee report#
- 04/30/2008 - S adopted CC report and repassed bill
- 04/30/2008 - Third reading
- 04/28/2008 - Conference committee report, delete everything
- 04/28/2008 - House adopted conference committee report
- 04/28/2008 - Third reading as amended by Conference
- 04/28/2008 - Bill was repassed as amended by Conference
- 04/28/2008 - H adopted HCC report and repassed bill
- 04/21/2008 - Senate accedes, conference committee of 3 be appointed
- 04/21/2008 - Senate conferees Marty, Jungbauer, Scheid
- 04/17/2008 - House not concur, CC of 3 requested
- 04/17/2008 - House conferees Gardner; Davnie; Berns
- 04/17/2008 - Senate accedes, CC of 3 be appointed
- 04/17/2008 - Senate conferees Marty; Jungbauer; Scheid
- 04/16/2008 - Returned from Senate with amendment
- 04/16/2008 - House not concur, conference committee of 3 requested
- 04/16/2008 - House conferees Gardner, Davnie, Berns
- 04/14/2008 - Calendar: Third reading Passed
- 04/10/2008 - General Orders: To pass
- 04/03/2008 - Comm rpt: Rule 45-amend, sub Gen Ord SF2917
- 04/02/2008 - Received from House
- 04/02/2008 - Introduction and first reading
- 04/02/2008 - Referred to Rules and Administration
- 04/01/2008 - Amended
- 04/01/2008 - Third reading as amended
- 04/01/2008 - Motion to re-refer Housing Policy and Finance and Public Health Finance Division
- 04/01/2008 - Motion did not prevail
- 04/01/2008 - Bill was passed as amended
- 03/31/2008 - House rule 1.21, placed on Calendar for the Day
- 03/27/2008 - Committee report, to pass as amended
- 03/27/2008 - Second reading
- 03/10/2008 - Author added Mariani
- 03/06/2008 - Committee report, without further rec to amend, re-refer to Commerce and Labor
- 02/25/2008 - Introduction and first reading, referred to Public Safety and Civil Justice
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