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HB669 Alabama 2012 Session

Updated Jul 25, 2021

Summary

Session
Regular Session 2012
Title
Motor vehicles, security interests, older model vehicles, time before considered satisfied reduced, Sec. 32-8-64.2 am'd
Description

Existing law provides that a security agreement on a motor vehicle that is 12 model years old or older is considered satisfied after five years from the date of the security agreement.

This bill would reduce the period of time in which the security agreement on a motor vehicle that is 12 or more model years old is considered satisfied to three years.

Subjects
Motor Vehicles

Bill Actions

Further Consideration

Allen Carry Over to the Call of the Chair Granted

Third Reading Carried Over to Call of the Chair

Read for the second time and placed on the calendar

Read for the first time and referred to the Senate committee on Finance and Taxation Education

Motion to Read a Third Time and Pass adopted Roll Call 1181

Third Reading Passed

Read for the second time and placed on the calendar

Read for the first time and referred to the House of Representatives committee on Commerce and Small Business

Bill Text

Votes

Documents

Source: Alabama Legislature