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HB0161
Loan disclosures for guarantors and co-signers.
Year
2023
Status
Proposed
Sponsor
Jennings
Committee
Not Assigned
Introduced
Jan 25, 2023
3 years ago
Last Action
S:Died in Committee Returned Bill Pursuant to SR 5-4
Status
Not Yet Signed
Bill is pending
Bill Synopsis
Banks must tell loan co-signers in writing that helping with a loan does not give them ownership of the property. Co-signers must sign to confirm they understand.
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Individual Sponsor
This bill was sponsored by Jennings rather than by a committee. Individual legislators can introduce bills that are then assigned to committees for review during the legislative process.
Documents & Resources
View Full Bill Text (PDF)
Official bill document
Last Action
S:Died in Committee Returned Bill Pursuant to SR 5-4