Financial institutions; contract provision requiring amendment or waiver to be in writing, etc. (SB917)
Introduced By
Sen. Richard Stuart (R-Westmoreland)
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 |
|---|---|
| 01/07/2013 | Prefiled and ordered printed; offered 01/09/13 13103472D |
| 01/07/2013 | Referred to Committee on Commerce and Labor |
| 01/28/2013 | Reported from Commerce and Labor with substitute (12-Y 2-N) (see vote tally) |
| 01/28/2013 | Committee substitute printed 13103985D-S1 |
| 01/30/2013 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
| 01/31/2013 | Read second time |
| 01/31/2013 | Passed by for the day |
| 02/01/2013 | Read second time |
| 02/01/2013 | Reading of substitute waived |
| 02/01/2013 | Committee substitute agreed to 13103985D-S1 |
| 02/01/2013 | Reading of amendment waived |
| 02/01/2013 | Amendment by Senator Edwards agreed to |
| 02/01/2013 | Engrossed by Senate - committee substitute with amendment SB917ES1 |
| 02/01/2013 | Printed as engrossed 13103985D-ES1 |
| 02/04/2013 | Read third time and passed Senate (36-Y 4-N) (see vote tally) |
| 02/06/2013 | Placed on Calendar |
| 02/06/2013 | Read first time |
| 02/06/2013 | Referred to Committee on Commerce and Labor |
| 02/12/2013 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
| 02/14/2013 | Read second time |
| 02/15/2013 | Read third time |
| 02/15/2013 | Passed House BLOCK VOTE (100-Y 0-N) |
| 02/15/2013 | VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally) |
| 02/20/2013 | Enrolled |
| 02/20/2013 | Bill text as passed Senate and House (SB917ER) |
| 02/20/2013 | Signed by Speaker |
| 02/21/2013 | Signed by President |
| 03/12/2013 | G Approved by Governor-Chapter 142 (effective 7/1/13) |
| 03/12/2013 | G Acts of Assembly Chapter text (CHAP0142) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 4 clips in all, totaling 3 minutes.