United States · Bill · HR
H.R. 4725 (97th)
A bill to provide that State law shall apply to the enforcement of due-on-sale clauses by national banks.
Introduced
7 October 1981
Last action
—
Status
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Sponsors
—
Subjects
Discovery layer
Source updated
6 February 2024
Summary
Declares that, after the date of the enactment of this Act, State law shall apply to the enforcement of any due-on-sale clause, or any other similar provision, contained in: (1) any mortgage which secures sums borrowed from a national bank; or (2) any promissory note which serves as evidence of sums borrowed from a national bank.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 7 October 1981
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/house-bill/4725
- Open data entity: https://api.congress.gov/v3/bill/97/hr/4725