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

DateAction
01/07/2013Prefiled and ordered printed; offered 01/09/13 13103472D
01/07/2013Referred to Committee on Commerce and Labor
01/28/2013Reported from Commerce and Labor with substitute (12-Y 2-N) (see vote tally)
01/28/2013Committee substitute printed 13103985D-S1
01/30/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/31/2013Read second time
01/31/2013Passed by for the day
02/01/2013Read second time
02/01/2013Reading of substitute waived
02/01/2013Committee substitute agreed to 13103985D-S1
02/01/2013Reading of amendment waived
02/01/2013Amendment by Senator Edwards agreed to
02/01/2013Engrossed by Senate - committee substitute with amendment SB917ES1
02/01/2013Printed as engrossed 13103985D-ES1
02/04/2013Read third time and passed Senate (36-Y 4-N) (see vote tally)
02/06/2013Placed on Calendar
02/06/2013Read first time
02/06/2013Referred to Committee on Commerce and Labor
02/12/2013Reported from Commerce and Labor (22-Y 0-N) (see vote tally)
02/14/2013Read second time
02/15/2013Read third time
02/15/2013Passed House BLOCK VOTE (100-Y 0-N)
02/15/2013VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/20/2013Enrolled
02/20/2013Bill text as passed Senate and House (SB917ER)
02/20/2013Signed by Speaker
02/21/2013Signed by President
03/12/2013G Approved by Governor-Chapter 142 (effective 7/1/13)
03/12/2013G 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.

Duplicate Bills

The following bills are identical to this one: HB1573.