H 3789 General Bill, By W. Newton, Erickson, Bradley, Hyde and Bernstein
Summary: Deed and mortgage, derivation clause
    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, 2021, 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.
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02/02/21	House	Introduced and read first time (House Journal-page 46)
02/02/21	House	Referred to Committee on Judiciary (House Journal-page 46)