H 2335 Session 104 (1981-1982)
H 2335 General Bill, By J.C. Hearn, Branton, R.L. Cobb, J.E. Gonzales,
S.H. Howard and R.A. Kohn
A Bill to amend Chapter 3 of Title 29, Code of Laws of South Carolina, 1976,
relating to mortgages and deeds of trust, by adding Section 29-3-70, so as to
provide that money held by a mortgagee, beneficiary of a deed of trust or
vendor on a contract of sale in an escrow or impound account for taxes,
assessments or insurance in connection with real property in this State shall
be retained in this State and be invested only with resident individuals or
businesses in this State.
02/04/81 House Introduced and read first time HJ-484
02/04/81 House Referred to Committee on Labor, Commerce and
Industry HJ-484
05/07/81 House Committee report: Favorable with amendment Labor,
Commerce and Industry HJ-2275
05/13/81 House Debate adjourned HJ-2390
05/19/81 House Amended HJ-2463
05/19/81 House Read second time HJ-2464
05/20/81 House Read third time and sent to Senate HJ-2501
05/20/81 Senate Introduced and read first time SJ-10
05/20/81 Senate Referred to Committee on Banking and Insurance SJ-10
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