A bill to amend the Home Owners' Loan Act of 1933 to provide that State law shall apply to the enforcement of due-on-sale clauses by Federal savings and loan associations.

referredUnited States· United States Congress· EN

Introduced

10 April 1981

Last action

—

Status

Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

Summary

Amends the Home Owner's Loan Act of 1933 to declare that State law shall apply to the enforcement of any due-on-sale provision of a mortgage or promissory note evidencing sums borrowed from a Federal savings and loan association.

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 10 April 1981
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/97th-congress/house-bill/3234
Open data entity: https://api.congress.gov/v3/bill/97/hr/3234