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HB2627 • 2025

Requires the State Court Administrator to study receivership.

Requires the State Court Administrator to study receivership.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-01-17 House

    Referred to Judiciary.

  3. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: Tells the court system to study when it is a good idea to take charge of the assets of companies that cannot pay people they owe money to. (Flesch Readability Score: 66.6).
Requires the State Court Administrator to study receivership. Directs the administrator to submit findings to the interim committees of the Legislative Assembly related to receivership not later than September 15, 2026.
Sunsets on January 2, 2027.
Relating to: Relating to receivership.
Current location: In House Committee