Bill Type
Congress Name
Long Title
AN ACT PROVIDING PENALTY AGAINST ANY INDIVIDUAL, CORPORATION OR ASSOCIATION, AS MORTGAGEE OR PRIVATE REAL PROPERTY, BUT DISQUALIFIED TO ACQUIRE OR HOLD LANDS OF THE PUBLIC DOMAIN, FOR PARTICIPATING, DIRECTLY OR INDIRECTLY, IN THE BIDDING OR SALE OFSUCH REAL PROPERTY IN CASE OF FORECLOSURE, OR FOR TAKING POSSESSION OF SUCH REAL PROPERTY, EXCEPT AFTER DEFAULT AND FOR THE SOLE PURPOSE AND AS A CONSEQUENCE OF FORECLOSURE, RECEIVERSHIP, ENFORCEMENT OR OTHER PROCEEDING FOR A PERIOD OF NOT EXCEEDINGFIVE YEARS FROM ACTUAL POSSESSION
Date filed
September 28, 1987
Scope
Urgent Bill
No
Administration Bill
No
Legislative History
| House Bill/Resolution NO. HB02034 | |
| FULL TITLE : AN ACT PROVIDING PENALTY AGAINST ANY INDIVIDUAL, CORPORATION OR ASSOCIATION, AS MORTGAGEE OR PRIVATE REAL PROPERTY, BUT DISQUALIFIED TO ACQUIRE OR HOLD LANDS OF THE PUBLIC DOMAIN, FOR PARTICIPATING, DIRECTLY OR INDIRECTLY, IN THE BIDDING OR SALE OFSUCH REAL PROPERTY IN CASE OF FORECLOSURE, OR FOR TAKING POSSESSION OF SUCH REAL PROPERTY, EXCEPT AFTER DEFAULT AND FOR THE SOLE PURPOSE AND AS A CONSEQUENCE OF FORECLOSURE, RECEIVERSHIP, ENFORCEMENT OR OTHER PROCEEDING FOR A PERIOD OF NOT EXCEEDINGFIVE YEARS FROM ACTUAL POSSESSION | |
| PRINCIPAL AUTHOR/S : VALDEZ, ESTANISLAO V. | |
| DATE FILED : 1987-09-28 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Lopez | 2. Monfort |
| 3. Unico | |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON JUSTICE ON 1987-09-30 |
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.