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2010 SESSION
HB 379 Credit line deeds of trust; under same statute of limitation as other deeds of trust and mortgages.
Introduced by: Lynwood W. Lewis, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Credit line deeds of trust; maturity date. Puts credit line deeds of trust under the same 20-year statute of limitations as other deeds of trust and mortgages. Currently, credit lines without a specific maturity date are unenforceable after 40 years from date of maturity.
FULL TEXT
HISTORY
- 01/12/10 House: Prefiled and ordered printed; offered 01/13/10 10101592D
- 01/12/10 House: Referred to Committee for Courts of Justice
- 01/15/10 House: Assigned Courts sub: Civil
- 02/16/10 House: Left in Courts of Justice