Michael J. Zalewski
- Democratic
Amends the Secured Transactions Article of the Uniform Commercial Code. Provides that a person may not cause to be presented for filing a financing statement or amendment that the person knows or reasonably should know: is not related to a valid lien, a valid security agreement, or a judgment of a court of competent jurisdiction; is for an improper purpose or purposes, such as to harass, hinder, defraud, or otherwise interfere with any person; or contains materially false or misleading information. Imposes criminal penalties for violations and civil liability to injured persons. Requires the Secretary of State to make available a form affidavit to provide notice of a fraudulent financing statement or amendment. Contains provisions regarding: filing a fraudulent filing affidavit; additional documentation supporting a filing; review of documentation; termination of a financing statement or amendment; fees; notice; reinstatement; liability; effectiveness; and other matters. Effective immediately.
Public Act . . . . . . . . . 97-0836
Effective Date July 20, 2012
Governor Approved
Sent to the Governor
Passed Both Houses
Third Reading - Passed; 056-000-000
Placed on Calendar Order of 3rd Reading May 3, 2012
Second Reading
Placed on Calendar Order of 2nd Reading April 19, 2012
Do Pass Judiciary; 008-000-000
Assigned to Judiciary
Referred to Assignments
Placed on Calendar Order of First Reading
Chief Senate Sponsor Sen. Don Harmon
First Reading
Arrive in Senate
House Floor Amendment No. 1 Adopted by Voice Vote
Placed on Calendar Order of 3rd Reading - Short Debate
Third Reading - Short Debate - Passed 114-000-000
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000
House Floor Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski
House Floor Amendment No. 1 Referred to Rules Committee
Do Pass / Short Debate Judiciary I - Civil Law Committee; 010-000-000
Placed on Calendar 2nd Reading - Short Debate
Assigned to Judiciary I - Civil Law Committee
Referred to Rules Committee
First Reading
Filed with the Clerk by Rep. Michael J. Zalewski
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act | |
House Amendment 001 |
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