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1997 SESSION
HB 1567 Bulk Sales Act.
Introduced by: Clifton A. Woodrum | all patrons ... notes | add to my profiles
SUMMARY:
Bulk sales. Repeals current Title 8.6 of the Uniform Commercial Code and replaces it with the new Bulk Sales Act. The new act is intended to afford better protection to creditors and to minimize impediments to good faith transactions. Current Title 8.6 has become outdated, in light of changes in the law and business practices. Notices required to be filed under the new act will be filed in the office of the clerk of the circuit court where the seller's business is located.
The bill is recommended by the National Conference of Commissioners on Uniform State Laws.
FULL TEXT
- 01/08/97 House: Presented & ordered printed, prefiled 09/23/96 971504492 pdf
- 02/18/97 House: Bill text as passed House and Senate (HB1567ER) pdf
- 03/14/97 Governor: Acts of Assembly Chapter text (CHAP0121) pdf
HISTORY
- 01/08/97 House: Presented & ordered printed, prefiled 09/23/96 971504492
- 01/08/97 House: Referred to Committee for Courts of Justice
- 01/10/97 House: Reported from Courts of Justice (21-Y 0-N)
- 01/10/97 House: Referred to Committee on Corporations, Insurance and Banking
- 01/28/97 House: Reported from Corp., Ins. & Banking (22-Y 0-N)
- 01/29/97 House: Read first time
- 01/30/97 House: Read second time and engrossed
- 01/31/97 House: Read third time and passed House (Block Vote) (98-Y 0-N)
- 01/31/97 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 01/31/97 House: Communicated to Senate
- 02/03/97 Senate: Constitutional reading dispensed (36-Y 4-N)
- 02/03/97 Senate: Referred to Committee for Courts of Justice
- 02/10/97 Senate: Reported from Courts of Justice (15-Y 0-N)
- 02/11/97 Senate: Const. reading disp., passed by for the day (40-Y 0-N)
- 02/11/97 Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
- 02/12/97 Senate: Read third time
- 02/12/97 Senate: Passed Senate (40-Y 0-N)
- 02/12/97 Senate: VOTE: PASSAGE (40-Y 0-N)
- 02/18/97 House: Bill text as passed House and Senate (HB1567ER)
- 02/22/97 House: Enrolled
- 02/22/97 House: Signed by Speaker
- 02/22/97 Senate: Signed by President
- 03/06/97 Governor: Approved by Governor-Chapter 121 (effective 7/1/97)
- 03/14/97 Governor: Acts of Assembly Chapter text (CHAP0121)