SB 48

Bill Subjects

Abstract

Judicial Sales Procedures; Specifying that courts must follow certain provisions when ordering the sale of real or personal property unless the use of other specified procedures is ordered; designating the “Transparency in Judicial Sales and Foreclosure Sales Act”; prohibiting a court from allowing the use of bidding credits or certain other offsets in specified judicial sales or foreclosure sales; authorizing courts to order an alternate judicial sales procedure under specified conditions, etc.