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
Bill Text
File name Last Updated
HF347705/02/2008
HF347704/03/2008
HF347704/03/2008
HF347703/16/2008
HF347703/16/2008

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