VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

1997 SESSION

• | print version

HB 2547 Deeds of trust on property exempt from levy or distress; refinancing.

Introduced by: William P. Robinson, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Deeds of trust on property exempt from levy or distress; refinancing. Stipulates that deeds of trust, mortgages or other sources of liens on property given in conjunction with refinancing are not void vis-?-vis property otherwise exempt from distress or levy under § 34-26 (identifying property exempt from creditor process). The debtor exemptions established by § 34-26 are currently inapplicable to deeds of trust, mortgages, etc., but the law is silent concerning the effect of these instruments when given in connection with refinancing.

FULL TEXT

• 01/20/97  House: Presented & ordered printed 970606288  pdf

HISTORY

• 01/20/97  House: Presented & ordered printed 970606288
• 01/20/97  House: Referred to Committee for Courts of Justice
• 01/23/97  House: Assigned to C. J. sub-committee: 2
• 02/04/97  House: No action taken by Courts of Justice by voice vote