South Carolina H 5055: A BILL TO AMEND SECTION 30-5-35, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE DERIVATION CLAUSE REQUIREMENT ON A DEED AND MORTGAGE, SO AS TO REQUIRE ALL MORTGAGES EXECUTED AFTER JUNE 1, 2018, TO INCLUDE A CLAUSE SETTING FORTH THE NAME OF THE PARTY WHO PREPARED THE MORTGAGE OR THE ATTORNEY LICENSED IN SOUTH CAROLINA WHO ASSISTED IN THE CLOSING OF THE INSTRUMENT.

Status: Referred to Committee on Judiciary (as of 2018-03-01)

State: South Carolina · Session: 2017-2018 · Bill: H 5055

Sponsors: Bales, Bannister, Bernstein, Bradley, Clary, Clemmons, Cole, Collins, Delleney, Elliott, Fry, Funderburk, G.M. Smith, Hamilton, Henderson, Herbkersman, Hixon, J.E. Smith, Jordan, Lowe, Lucas, McCoy, McCravy, Murphy, Norrell

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