| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 842 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 5164 | |
| 6 | 6 | January Session, 2019 | |
| 7 | 7 | LCO No. 842 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on BANKING | |
| 11 | 11 | ||
| 12 | 12 | ||
| 13 | 13 | Introduced by: | |
| 14 | 14 | REP. DELNICKI, 14th Dist. | |
| 15 | 15 | ||
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | AN ACT PROHIBITING THE LENDER OF A HOME EQUITY LOAN | |
| 19 | 19 | FROM SEEKING A DEFICIENCY JUDGMENT AGAINST CERTAIN | |
| 20 | 20 | BORROWERS. | |
| 21 | 21 | Be it enacted by the Senate and House of Representatives in General | |
| 22 | 22 | Assembly convened: | |
| 23 | 23 | ||
| 24 | 24 | That chapter 846 of general statutes be amended to prohibit the 1 | |
| 25 | 25 | lender of a home equity loan from seeking a deficiency judgment 2 | |
| 26 | 26 | against the borrower of such loan where the foundation of the 3 | |
| 27 | 27 | property securing the loan is crumbling due to the presence of 4 | |
| 28 | 28 | pyrrhotite. 5 | |
| 29 | 29 | Statement of Purpose: | |
| 30 | 30 | To protect homeowners with crumbling foundations from a deficiency | |
| 31 | 31 | judgment on a home equity loan. |