Ted Lieu
- Democratic
Author
Existing law provides that a lessee in ordinary course of business takes its leasehold interest free of a security interest in the goods created by the lessor, even if the security interest is perfected and the lessee knows of its existence. This bill would, until January 1, 2015, also provide that a licensee in ordinary course of business takes its rights under a nonexclusive license free of a security interest in the general intangible created by the licensor, even if the security interest is perfected and the licensee knows of its existence. This bill would, notwithstanding any other law, make its provisions operative on January 1, 2013, and state the Legislature's intent in this regard. This bill would declare that it is to take effect immediately as an urgency statute.
Chaptered by Secretary of State. Chapter 54, Statutes of 2013.
Approved by the Governor.
Enrolled and presented to the Governor at 3 p.m.
In Senate. Ordered to engrossing and enrolling.
Read third time. Urgency clause adopted. Passed. (Ayes 75. Noes 0. Page 2131.) Ordered to the Senate.
Read second time. Ordered to consent calendar.
From committee: Do pass. Ordered to consent calendar. (Ayes 9. Noes 0.) (June 18).
Hearing postponed by committee.
Read third time. Urgency clause adopted. Passed. (Ayes 35. Noes 0. Page 492.) Ordered to the Assembly.
In Assembly. Read first time. Held at Desk.
Read second time and amended. Ordered to third reading.
From committee: Do pass as amended. (Ayes 7. Noes 0. Page 389.) (April 2).
Set for hearing April 2.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD.
From printer. May be acted upon on or after January 3.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB6 | HTML |
| 12/03/12 - Introduced | |
| 01/15/13 - Amended Senate | |
| 04/08/13 - Amended Senate | |
| 06/25/13 - Enrolled | |
| 07/03/13 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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