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A09554 Summary:

BILL NOA09554
 
SAME ASNo Same As
 
SPONSORMeeks
 
COSPNSR
 
MLTSPNSR
 
Add §6-q, Bank L
 
Enacts the "deed protection act" in relation to prohibiting a financial institution from taking possession of a property based on the failure to repay a loan provided by such financial institution for such property if such loan was provided to a person who obtained title to such property by deed theft and such financial institution failed to conduct due diligence to determine whether any such deed theft had occurred.
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