Financial institutions; contract provision requiring amendment or waiver to be in writing, etc. (HB1573)
Introduced By
Del. Barbara Comstock (R-McLean)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Financial institutions; contract provision requiring amendment or waiver to be in writing. Provides that a court, when considering a provision in a written contract involving a financial institution to the effect that no amendment or waiver of any of its terms will be valid unless the amendment or waiver is in writing, will not give effect to any amendment or waiver unless it is in writing. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/04/2013 | Committee |
| 01/04/2013 | Prefiled and ordered printed; offered 01/09/13 13103099D |
| 01/04/2013 | Referred to Committee on Commerce and Labor |
| 01/10/2013 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
| 01/14/2013 | Read first time |
| 01/15/2013 | Read second time and engrossed |
| 01/16/2013 | Read third time and passed House (92-Y 7-N) |
| 01/16/2013 | VOTE: PASSAGE (92-Y 7-N) (see vote tally) |
| 01/17/2013 | Constitutional reading dispensed |
| 01/17/2013 | Referred to Committee on Commerce and Labor |
| 02/04/2013 | Reported from Commerce and Labor with substitute (16-Y 0-N) (see vote tally) |
| 02/04/2013 | Committee substitute printed 13104887D-S1 |
| 02/05/2013 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
| 02/06/2013 | Read third time |
| 02/06/2013 | Reading of substitute waived |
| 02/06/2013 | Committee substitute agreed to 13104887D-S1 |
| 02/06/2013 | Passed by for the day |
| 02/07/2013 | Read third time |
| 02/07/2013 | Engrossed by Senate - committee substitute HB1573S1 |
| 02/07/2013 | Passed Senate with substitute (37-Y 3-N) (see vote tally) |
| 02/08/2013 | Placed on Calendar |
| 02/11/2013 | Senate substitute agreed to by House 13104887D-S1 (98-Y 1-N) |
| 02/11/2013 | VOTE: ADOPTION (98-Y 1-N) (see vote tally) |
| 02/13/2013 | Enrolled |
| 02/13/2013 | Bill text as passed House and Senate (HB1573ER) |
| 02/13/2013 | Signed by Speaker |
| 02/14/2013 | Signed by President |
| 03/05/2013 | G Approved by Governor-Chapter 67 (effective 7/1/13) |
| 03/05/2013 | G Acts of Assembly Chapter text (CHAP0067) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 3 minutes.