HOUSE OF REPRESENTATIVES |
H.B. NO. |
1863 |
TWENTY-SIXTH LEGISLATURE, 2012 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to foreclosures.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 667-25, Hawaii Revised Statutes, is amended by amending subsection (c) to read as follows:
"(c) [The public
sale of the mortgaged property shall be conducted by the foreclosing mortgagee]
The foreclosing mortgagee shall conduct the public sale of the mortgaged
property on the date, at the time, and at the place described in the public
notice of the public sale."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
INTRODUCED BY: |
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Report Title:
Foreclosures
Description:
Clarifies the public sale requirement for conducting a foreclosure sale by making a technical amendment.
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