SB 1162 – Expands the type of securities that may be used for certain subdivisions

• Sponsor: Jacob
• LR Number: 4163S.01P
• Committee: Financial & Governmental Organization, Veterans' Affairs and Elections
• Last Action: 4/21/2004 - HCS Voted Do Pass H Judiciary Committee-Consent
• Effective Date: August 28, 2004

Current Bill Summary

SB 1162 - This act allows flexibility in the type of security that may be accepted in lieu of full completion of required infrastructure improvements in subdivisions prior to the plat being recorded by allowing securities beyond surety bonds (e.g. cash bonds).

JEFF CRAVER

Amendments

No Amendments Found.