Did not become law. It stopped in the House of Representatives's Banking and Financial Services Committee on February 3, 2009. The 2009 session has ended.
2009 Regular Session
House Bill 443
Line of credit; mortgages shall close it upon payment of all sums owing unless requested to remain open.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 89-5-21, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ANY MORTGAGEE UNDER A MORTGAGE OR DEED OF TRUST SECURING A LINE OF CREDIT SHALL CLOSE THE LINE OF CREDIT UPON THE PAYMENT OF ALL SUMS OWING IN CONNECTION WITH THE LINE OF CREDIT, UNLESS THE DEBTOR OR THE CLOSING ATTORNEY MAKES A WRITTEN AND SIGNED REQUEST THAT THE LINE OF CREDIT REMAIN OPEN; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
January 12 to February 3, 2009, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesJan 12 to Feb 3 · stopped22 days
Banking and Financial ServicesJan 12 to Feb 3 · stopped22 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the House of Representatives Jan 12 – Feb 3
- Jan 12Referred to the House committee on Banking and Financial Services
- Feb 3Died in committee in the House
All 2 actions, as published
- Jan 12Referred To Banking and Financial ServicesHouse of Representatives
- Feb 3Died In CommitteeHouse of Representatives