Credit line deeds of trust; under same statute of limitation as other deeds of trust and mortgages. (HB379)
Introduced By
Del. Lynwood Lewis (D-Accomac)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
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. View Full Text »
Outcome
Bill Has Failed
View Bill's History
