Deeds and mortgages, derivation clause requirement
Summary
A BILL TO AMEND SECTION 30-5-35, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE DERIVATION CLAUSE REQUIREMENT ON A DEED AND MORTGAGE, SO AS TO REQUIRE ALL MORTGAGES EXECUTED AFTER JUNE 1, 2019, TO INCLUDE A CLAUSE SETTING FORTH THE NAME OF THE PARTY WHO PREPARED THE MORTGAGE OR THE ATTORNEY LICENSED IN SOUTH CAROLINA WHO ASSISTED IN THE CLOSING OF THE INSTRUMENT.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2019
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2019
Last action Jan 16, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
2
Jan 8, 2019
Committee
Referred to Committee on Judiciary
lower
Jan 8, 2019
Introduced
Introduced and read first time
lower
Dec 18, 2018
Committee
Referred to Committee on Judiciary
lower
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jeff Bradley
RRepublican
P
Shannon Erickson
RRepublican
P
Weston Newton
RRepublican
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