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S07240 Summary:

BILL NOS07240
 
SAME ASNo same as
 
SPONSORFARLEY
 
COSPNSR
 
MLTSPNSR
 
Add Art 14 SS1401 - 1421, RPAP L
 
Relates to permitting foreclosure of real property improved by a non-residential building or certain multi-family buildings by the power of sale; establishes an effective non-judicial proceeding for uncontested commercial mortgage foreclosure.
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