SB1257 An Act Concerning Consumer Credit And Commercial Financing. - (TRACKED ON 2/7)
Status: Signed by the Governor (7/1)

To: (1) Require cancellations of certain surety bonds to be submitted electronically; (2) modify procedures regarding changes to the legal names of certain licensees; (3) redefine "sales finance company"; (4) establish procedures for registering as an exempt mortgage servicer registrant; (5) establish requirements regarding private student education loan cosigner releases; (6) establish enforcement authority regarding registrants; (7) prohibit receiving fees in connection with small loans without a license; (8) redefine "mortgage servicer" and "servicing"; (9) define "private education lender" and "private education loan creditor"; (10) establish requirements regarding timelines and fees for certain registrants that are exempt from licensing; (11) modify various statutes relating to commercial financing; (12) modify registration and enforcement procedures regarding private education lenders and private education loan creditors; (13) require certain disclosures in connection with shared appreciation agreements; (14) make technical changes to various statutes regarding consumer credit; and (15) redefine "system".

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Hearing Date(s):
Thu 2/13 11:00 AM @ ROOM 2A AND ZOOM AND YOUTUBE LIVE

SB1093 An Act Allowing Certain Commercial Financing Contracts To Contain Provisions Waiving The Right To Notice, Judicial Hearing Or Prior Court Order In Connection With A Prejudgment Remedy. - SUPPORT DEAD (TRACKED ON 1/26)
Status: BA Public Hearing: Tue 3/4 11:00 AM @ ROOM 2A AND ZOOM AND YOUTUBE LIVE (2/28)

To allow certain commercial financing contracts to contain a provision waiving the commercial financing recipient's right to notice, judicial hearing or prior court order in connection with the commercial financing provider obtaining a prejudgment remedy.

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Hearing Date(s):
Tue 3/4 11:00 AM @ ROOM 2A AND ZOOM AND YOUTUBE LIVE