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1999 SESSION

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HB 2451 Enforcement of deeds of trust.

Introduced by: John H. Tate, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Enforcement of deeds of trust. Clarifies that a secured party may extend the enforcement period of a deed of trust beyond the 20 years provided by statute, by obtaining a certificate, signed by the borrower and recording it in the clerk’s office. The bill also extends the time period for the enforcement of a credit line deed of trust from 20 to 40 years.


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