More about Robert Harrison
Blog Posts by Robert Harrison:
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Vermont Adopts Provisions Related to Residential Real Estate Mortgage Loan Commitment Letters
Vermont enacted provisions related to form, content, and timing of residential real estate mortgage loan commitment letters; Regulation B-2018-02 supersedes and replaces Regulation B-98-1.
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Ohio Establishes Cybersecurity Program Affirmative Defense
Through Ohio Senate Bill 220 (the “Act”), the State has established an affirmative defense to a tort action brought against a covered entity because of a data breach.
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Indiana Publishes Consumer Credit Fees
The Indiana Department of Financial Institutions published its annual consumer credit fees schedule. The fees are effective from July 1, 2018 through June 30, 2019.
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Vermont Modifies Provisions Regarding Consumer Protection, Also Enacts Provisions Regarding Uniform Law on Notarial Acts
Consumer Protection The state of Vermont modified its provisions relating to data security and consumer privacy through House Bill 764. This bill contains provisions dealing with the protection of personal information and the regulation of data brokers and data collectors. Title 9 V.S.A. § 2430 is amended with definitions to be used in in chapter […]
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Kentucky Enacts Provisions Regarding Uniform Power of Attorney Act
The Commonwealth of Kentucky enacted provisions relating to its Uniform Power of Attorney Act, these provisions are effective on July 13, 2018. Kentucky Revised Statutes Chapter 457 is established and adopts portions of the Uniform Power of Attorney Act of 2006.
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Legislature Recodifies and Revises Maine Probate Code
The state of Maine modified provisions under its Probate Code including its Uniform Power of Attorney Act. Maine repealed Sec. A-1. 18-A MRSA and enacted Sec. A-2. 18-C MRSA to recodify and revise the Maine Probate Code. These provisions are effective on July 17, 2018.
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Oregon Adopts Rules Relating to Mortgage Servicer Licensing
The Oregon Department of Consumer and Business Services, Finance, and Securities Regulation adopted rules relating to mortgage servicer licensing that include: application, liquidity, surety bond or irrevocable letter of credit, and fees. These provisions are effective immediately.
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Arizona Amends Provisions Regarding Breach of Security, Updates Licensing Fees
The state of Arizona amended its provisions relating to breach of security through House Bill 2154. Arizona also amended its provisions relating to application licensing fees. Both sets of amendments are effective on July 20, 2018 (or 90 days following adjournment of the current legislative session).
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Kentucky Amends Provisions Regarding Contract Obligations and Interest Rates
The Commonwealth of Kentucky amended its provisions relating to contracts; when parties are bound to the interest rate in a contract and the interest rate parties are entitled to receive after default.
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Arizona Amends Provisions Regarding County Recorders and Recording Fees
These amendments establish flat fees, per instrument, for recording papers required or authorized to be recorded by law; previously mandatory standard fees have been eliminated. The amended provisions are effective on July 1, 2019.