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

DateAction
01/04/2013Committee
01/04/2013Prefiled and ordered printed; offered 01/09/13 13103099D
01/04/2013Referred to Committee on Commerce and Labor
01/10/2013Reported from Commerce and Labor (22-Y 0-N) (see vote tally)
01/14/2013Read first time
01/15/2013Read second time and engrossed
01/16/2013Read third time and passed House (92-Y 7-N)
01/16/2013VOTE: PASSAGE (92-Y 7-N) (see vote tally)
01/17/2013Constitutional reading dispensed
01/17/2013Referred to Committee on Commerce and Labor
02/04/2013Reported from Commerce and Labor with substitute (16-Y 0-N) (see vote tally)
02/04/2013Committee substitute printed 13104887D-S1
02/05/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/06/2013Read third time
02/06/2013Reading of substitute waived
02/06/2013Committee substitute agreed to 13104887D-S1
02/06/2013Passed by for the day
02/07/2013Read third time
02/07/2013Engrossed by Senate - committee substitute HB1573S1
02/07/2013Passed Senate with substitute (37-Y 3-N) (see vote tally)
02/08/2013Placed on Calendar
02/11/2013Senate substitute agreed to by House 13104887D-S1 (98-Y 1-N)
02/11/2013VOTE: ADOPTION (98-Y 1-N) (see vote tally)
02/13/2013Enrolled
02/13/2013Bill text as passed House and Senate (HB1573ER)
02/13/2013Signed by Speaker
02/14/2013Signed by President
03/05/2013G Approved by Governor-Chapter 67 (effective 7/1/13)
03/05/2013G 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.

Duplicate Bills

The following bills are identical to this one: SB917.