HOUSE OF REPRESENTATIVES
THE TWENTY-NINTH LEGISLATURE
REGULAR SESSION OF 2017
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Rep. Takashi Ohno, Chair |
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Rep. Isaac W. Choy, Vice Chair |
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Rep. Romy M. Cachola |
Rep. James Kunane Tokioka |
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Rep. Ken Ito |
Rep. Justin H. Woodson |
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Rep. Richard H.K. Onishi |
Rep. Gene Ward |
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Rep. Angus L.K. McKelvey, Chair |
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Rep. Linda Ichiyama, Vice Chair |
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Rep. Henry J.C. Aquino |
Rep. Chris Todd |
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Rep. Ken Ito |
Rep. Ryan I. Yamane |
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Rep. Calvin K.Y. Say |
Rep. Beth Fukumoto |
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Rep. Gregg Takayama |
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NOTICE OF HEARING
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DATE: |
Monday, February 13, 2017 |
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TIME: |
2:30 p.m. |
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PLACE: |
Conference Room 329 State Capitol 415 South Beretania Street |
A G E N D A
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RELATING TO SECURITY INTERESTS IN REAL PROPERTY. Requires a mortgagee or record assignee to provide to a mortgagor or borrower, upon full satisfaction of the mortgage and discharge of the secured debt, a reassignment or release of security interests in leases and rents that served as additional security for the mortgage. Authorizes title insurers or underwritten title companies to make demands on mortgagees and, in the absence of compliance, to reassign or release mortgagees' security interests in leases and rents on behalf of the mortgagee or record assignee, under certain conditions. Authorizes certain entities to institute an action in any circuit court to obtain the release or reassignment instrument in the absence of compliance of a mortgagee or record assignee.
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IAC/CPC, FIN |
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DECISION MAKING TO FOLLOW
Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing. Testimony should indicate:
· Testifier's name with position/title and organization;
· The Committee(s) to which the comments are directed;
· The date and time of the hearing; and
· Measure number.
While every effort will be made to incorporate all testimony received, materials received on the day of the hearing or improperly identified or directed, may be distributed to the Committee after the hearing.
Submit testimony in ONE of the following ways:
PAPER: 3 copies (including an original) to Room 404 in the State Capitol;
FAX: For testimony less than 5 pages in length, transmit to 808-586-8479 (Oahu) or 1-800-535-3859 (for Neighbor Islander without a computer to submit testimony through the website); or
WEB: For testimony less than 10MB in size, transmit from http://www.capitol.hawaii.gov/submittestimony.aspx.
Testimony submitted will be placed on the legislative website. This public posting of testimony on the website should be considered when including personal information in your testimony.
If you require special assistance or auxiliary aids and/or services to participate in the House public hearing process (i.e., sign or foreign language interpreter or wheelchair accessibility), please contact the Committee Clerk at 586-9415 or email your request for an interpreter to HouseInterpreter@Capitol.hawaii.gov at least 24 hours prior to the hearing for arrangements. Prompt requests submitted help to ensure the availability of qualified individuals and appropriate accommodations.
Selected meetings are broadcast live. Check the current legislative broadcast schedule on the "Capitol TV" website at www.capitoltv.org or call 536-2100.
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________________________________________ Rep. Angus L.K. McKelvey Chair |
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________________________________________ Rep. Takashi Ohno Chair |
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