01RS HB133

HB133

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HB 133/LM (BR 425) - J. Bruce, K. Upchurch

     AN ACT relating to security interests.
     Amend KRS 186A.190 to provide that the notation of a security interest on a certificate of title for a manufactured home shall remain effective for a period of 30 years rather than 14 years; amend KRS 355.9-507 to provide that a debtor's name change which makes a financing statement seriously misleading shall be effective to perfect a security interest in the collateral acquired by the debtor before the change, or within 4 months after the debtor notifies the secured party in writing of the change; the financing statement is not effective to perfect a security interest in collateral acquired by the debtor more than 4 months after the debtor notifies the secured party in writing of the change unless an amendment to the financing statement which renders the financing statement not seriously misleading is filed within 4 months after the change; effective July 1, 2001.

     Jan 5-introduced in House
     Feb 6-to Banking and Insurance (H)
     Feb 7-posted in committee
     Feb 14-reported favorably, 1st reading, to Calendar
     Feb 15-2nd reading, to Rules
     Feb 16-posted for passage in the Regular Orders of the Day for Monday, February 19, 2001
     Feb 19-3rd reading, passed 92-2
     Feb 20-received in Senate
     Feb 23-to Judiciary (S)
     Mar 1-reassigned to Banking and Insurance (S); reported favorably, 1st reading, to Consent Calendar
     Mar 2-2nd reading, to Rules
     Mar 5-posted for passage in the Consent Orders of the Day for Tuesday, March 6, 2001; taken from the Consent Orders of the Day, placed in the Regular Orders of the Day
     Mar 7-3rd reading, passed 36-0; received in House; enrolled, signed by each presiding officer, delivered to Governor
     Mar 15-signed by Governor (Acts ch. 65)


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