WV SB220 | 2011 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on January 20 2011 - 25% progression, died in committee
Action: 2011-01-27 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

The purpose of this bill is to adopt the Uniform Real Property Electronic Recording Act. Under the proposed bill, any requirement of state law describing or requiring that a land record document be an original, on paper, or in writing are satisfied by a document in electronic form. In addition, any requirement that the document contain a signature or acknowledgment is satisfied by an electronic signature or acknowledgment. The bill authorizes the clerk to accept electronic documents for recording and to index and store those documents. The article does not provide a means of funding the establishment or operation of an electronic recording system. No single approach is recommended and in fact, the commissioners recognized that the best approach for a state may involve multiple systems. The bill requires the Real Property Electronic Recording Standards Council to develop a legislative rule containing standards for electronic recording to be used by each county. The standards are to be developed with a vision toward fostering intra-and interstate harmony and uniformity in the electronic recording process. The council will engage in a stakeholder type rule-making process to assure that all of the affected parties have the opportunity to participate in the process. This article is new; therefore, strike-throughs and underscoring have been omitted. This bill was recommended for introduction and passage during the 2011 Regular Session of the Legislature by the Joint Standing Committee on the Judiciary.

Tracking Information

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Title

Creating Uniform Real Property Electronic Recording Act

Sponsors


History

DateChamberAction
2011-01-27 To Finance
2011-01-27 Reported do pass, but first to Finance
2011-01-20 To Judiciary
2011-01-20 Introduced in Senate
2011-01-20 To Judiciary then Finance
2011-01-20 Filed for introduction

Same As/Similar To

HB2710 (Same As) 2011-01-21 - To House Judiciary

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
39A41New CodeSee Bill Text
39A42New CodeSee Bill Text
39A43New CodeSee Bill Text
39A44New CodeSee Bill Text
39A45New CodeSee Bill Text
39A46New CodeSee Bill Text
39A47New CodeSee Bill Text

West Virginia State Sources


Bill Comments

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