| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | General Assembly Substitute Bill No. 407 | |
| 2 | - | February Session, 2012 *_____ | |
| 2 | + | February Session, 2012 *_____SB00407PD____032612____* | |
| 3 | 3 | ||
| 4 | 4 | General Assembly | |
| 5 | 5 | ||
| 6 | 6 | Substitute Bill No. 407 | |
| 7 | 7 | ||
| 8 | 8 | February Session, 2012 | |
| 9 | 9 | ||
| 10 | - | *_____ | |
| 10 | + | *_____SB00407PD____032612____* | |
| 11 | 11 | ||
| 12 | 12 | AN ACT CONCERNING THE ASSIGNMENT OF MORTGAGE DEBTS. | |
| 13 | 13 | ||
| 14 | 14 | Be it enacted by the Senate and House of Representatives in General Assembly convened: | |
| 15 | 15 | ||
| 16 | 16 | Section 1. Subsection (g) of section 49-10 of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2012): | |
| 17 | 17 | ||
| 18 | 18 | (g) Any assignment of a mortgage debt shall be recorded. If an assignment is presented for recording more than sixty days after such assignment, the person presenting such assignment for recording shall pay to the town clerk a surcharge equal to two hundred dollars for each week or part of a week following the expiration of the sixty-day period, up to a maximum amount of five thousand dollars. Recordation of an assignment of mortgage debt is not sufficient notice of the assignment to the party obliged to pay for purposes of subsection (d) or (e) of this section. | |
| 19 | 19 | ||
| 20 | 20 | ||
| 21 | 21 | ||
| 22 | 22 | ||
| 23 | 23 | This act shall take effect as follows and shall amend the following sections: | |
| 24 | 24 | Section 1 July 1, 2012 49-10(g) | |
| 25 | 25 | ||
| 26 | 26 | This act shall take effect as follows and shall amend the following sections: | |
| 27 | 27 | ||
| 28 | 28 | Section 1 | |
| 29 | 29 | ||
| 30 | 30 | July 1, 2012 | |
| 31 | 31 | ||
| 32 | 32 | 49-10(g) | |
| 33 | 33 | ||
| 34 | + | Statement of Legislative Commissioners: | |
| 35 | + | ||
| 36 | + | In the second sentence of section 1, "the person recording such assignment" was changed to "the person presenting such assignment for recording" for accuracy. | |
| 37 | + | ||
| 34 | 38 | ||
| 35 | 39 | ||
| 36 | 40 | PD Joint Favorable Subst.-LCO | |
| 37 | - | JUD Joint Favorable | |
| 38 | 41 | ||
| 39 | 42 | PD | |
| 40 | 43 | ||
| 41 | 44 | Joint Favorable Subst.-LCO | |
| 42 | - | ||
| 43 | - | JUD | |
| 44 | - | ||
| 45 | - | Joint Favorable |