Deeds of trust; fiduciary duties. (HB1391)

Introduced By

Del. Jay Leftwich (R-Chesapeake)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Deeds of trust; fiduciary duties. Specifies that a trustee under a deed of trust has only the duties, rights, and obligations imposed and conferred on it by the deed of trust or by statute. This bill is in response to Crosby v. ALG Trustee, LLC, 296 Va. 561 (2018). Read the Bill »

Status

01/08/2020: Awaiting a Vote in the Courts of Justice Committee

History

DateAction
01/08/2020Committee
01/08/2020Prefiled and ordered printed; offered 01/08/20 20102582D
01/08/2020Referred to Committee for Courts of Justice

Duplicate Bills

The following bills are identical to this one: SB253.

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