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2010 SESSION

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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.


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