HB 1567 Bulk Sales Act.
Clifton A. Woodrum | all patrons    ...    notes
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Summary:
Bulk sales. Repeals current Title 8.6 of the Uniform Commercial Code and replaces it with the new Bulk Sales Act. The new act is intended to afford better protection to creditors and to minimize impediments to good faith transactions. Current Title 8.6 has become outdated, in light of changes in the law and business practices. Notices required to be filed under the new act will be filed in the office of the clerk of the circuit court where the seller's business is located.

The bill is recommended by the National Conference of Commissioners on Uniform State Laws.

Full text:
01/08/97  House: Presented & ordered printed, prefiled 09/23/96 971504492  pdf
02/18/97  House: Bill text as passed House and Senate (HB1567ER)  pdf
03/14/97  Governor: Acts of Assembly Chapter text (CHAP0121)  pdf

Status:
01/08/97  House: Presented & ordered printed, prefiled 09/23/96 971504492
01/08/97  House: Referred to Committee for Courts of Justice
01/10/97  House: Reported from Courts of Justice (21-Y 0-N)
01/10/97  House: Referred to Committee on Corporations, Insurance and Banking
01/28/97  House: Reported from Corp., Ins. & Banking (22-Y 0-N)
01/29/97  House: Read first time
01/30/97  House: Read second time and engrossed
01/31/97  House: Read third time and passed House (Block Vote) (98-Y 0-N)
01/31/97  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
01/31/97  House: Communicated to Senate
02/03/97  Senate: Constitutional reading dispensed (36-Y 4-N)
02/03/97  Senate: Referred to Committee for Courts of Justice
02/10/97  Senate: Reported from Courts of Justice (15-Y 0-N)
02/11/97  Senate: Const. reading disp., passed by for the day (40-Y 0-N)
02/11/97  Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
02/12/97  Senate: Read third time
02/12/97  Senate: Passed Senate (40-Y 0-N)
02/12/97  Senate: VOTE: PASSAGE (40-Y 0-N)
02/18/97  House: Bill text as passed House and Senate (HB1567ER)
02/22/97  House: Enrolled
02/22/97  House: Signed by Speaker
02/22/97  Senate: Signed by President
03/06/97  Governor: Approved by Governor-Chapter 121 (effective 7/1/97)
03/14/97  Governor: Acts of Assembly Chapter text (CHAP0121)