HB 1769 Commercial Code; government bonds.
M. Kirkland Cox | all patrons    ...    notes
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Summary as passed: (all summaries)
Government bonds. Provides that Article 9 of the Uniform Commercial Code (Secured Transactions) does not apply to a sale of promissory notes by the Commonwealth or a governmental unit of the Commonwealth in connection with or in furtherance of its borrowing power. Also exempt is the creation, perfection, priority, and enforcement of a security interest, lien or pledge created, made or granted by the governmental unit to pay or secure any bonds, notes, obligations or other debt securities issued thereby. Security interests, liens or pledges created by the governmental unit in goods or software, or the proceeds thereof, are governed by the UCC.

Full text:
01/10/01  House: Presented & ordered printed, prefiled 12/28/00 016031208  pdf | impact statement
02/16/01  House: Bill text as passed House and Senate (HB1769ER)  pdf | impact statement
03/19/01  Governor: Acts of Assembly Chapter text (CHAP0296)  pdf

Status:
01/10/01  House: Presented & ordered printed, prefiled 12/28/00 016031208
01/10/01  House: Referred to Committee for Courts of Justice
01/17/01  House: Assigned to C. J. sub-committee: 2
01/18/01  House: Reported from Courts of Justice (23-Y 0-N)
01/22/01  House: Read first time
01/23/01  House: Read second time and engrossed
01/24/01  House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
01/24/01  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
01/24/01  House: Communicated to Senate
01/25/01  Senate: Constitutional reading dispensed
01/25/01  Senate: Referred to Committee on Finance
02/06/01  Senate: Reported from Finance (16-Y 0-N)
02/07/01  Senate: Const. reading disp., passed by for the day (40-Y 0-N)
02/07/01  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
02/08/01  Senate: Read third time
02/08/01  Senate: Passed Senate (40-Y 0-N)
02/08/01  Senate: VOTE: PASSAGE R (40-Y 0-N)
02/16/01  House: Enrolled
02/16/01  House: Bill text as passed House and Senate (HB1769ER)
02/16/01  House: Signed by Speaker
02/19/01  Senate: Signed by President
03/15/01  Governor: Approved by Governor-Chapter 296 (effective 7/1/01)
03/19/01  Governor: Acts of Assembly Chapter text (CHAP0296)