SB15-049 - Real Estate Title Vests In Entity Once Formed

Passed/Signed into Law
Concerning The Vesting Of Title To Real Estate In A Grantee That Is An Entity That Has Not Yet Been Formed Once The Entity Has Been Formed.

Current law specifies that when a grantee of a deed is a corporation whose incorporation papers have not yet been filed, title to the real estate vests in the corporation once the papers are filed. The bill expands this law to apply to all entities, specifying that title vests once the entity is formed.

Latest update: April 3, 2015
04/03/2015 Governor Signed
03/25/2015 Sent to the Governor
03/19/2015 Signed by the President of the Senate
03/09/2015 House Third Reading Passed - No Amendments
03/06/2015 House Second Reading Passed - No Amendments
03/03/2015 House Committee on Business Affairs and Labor Refer Unamended to House Committee of the Whole
02/06/2015 Introduced In House - Assigned to Business Affairs and Labor
02/03/2015 Senate Third Reading Passed - No Amendments
02/02/2015 Senate Second Reading Passed - No Amendments
01/28/2015 Senate Committee on Business, Labor, & Technology Refer Unamended to Senate Committee of the Whole
01/08/2015 Introduced In Senate - Assigned to Business, Labor, & Technology

3rd Reading Vote Summary - SB15-049*

House Vote Summary - March 09, 2015
Yes No Excused Absent
64 0 1 0
Senate Vote Summary - February 3, 2015
Yes No Excused Absent
35 0 0 0
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