HB0055 • 2012

Perfection of security interests-titled personal property.

AN ACT relating to secured transactions; specifying the means for perfecting a security interest in specified titled personal property; and providing for an effective date.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Representative Berger
Last action: 2012-03-09
Official status: enrolled
Effective date: 3/8/2012

Plain English Breakdown

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

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB0055HS001

Standing Committee • H01

Adopted

Plain English: Adopted Standing Committee by H01

This amendment summary is using official source text because generated interpretation was skipped for this run.
The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

Bill History

2012-03-09 LSO
Assigned Chapter Number
2012-03-08 Governor
Governor Signed HEA0013
2012-03-05 Senate
S President Signed HEA No. 0013
2012-03-02 House
H Speaker Signed HEA No. 0013
2012-03-02 LSO
Assigned Number HEA0013
2012-03-02 Senate
S Passed 3rd Reading
2012-03-01 Senate
S Passed 2nd Reading
2012-02-29 Senate
S Passed CoW
2012-02-27 Senate
S Placed on General File
2012-02-27 Senate
S01 Recommended Do Pass
2012-02-23 Senate
S Introduced and Referred to S01
2012-02-23 Senate
S Received for Introduction
2012-02-22 House
H Passed 3rd Reading
2012-02-21 House
H Passed 2nd Reading
2012-02-20 House
H Passed CoW
2012-02-20 House
H Amendments Adopted
2012-02-20 House
Amendment Adopted
2012-02-16 House
H Placed on General File
2012-02-16 House
H01 Recommended Amend and Do Pass
2012-02-15 House
H Introduced and Referred to H01
2012-02-13 House
H Received for Introduction
2012-02-09 LSO
Bill Number Assigned

Official Summary Text

HB0055

Bill No.:
HB0055
Drafter:

IDS

LSO No.:
12LSO-0272
Effective Date:

March 8, 2012

Enrolled Act No.:
HEA0013

Chapter No.:
CH0032

Prime Sponsor:
Representative
Berger

Catch Title:
Perfection of security interests-titled
personal property.

Subject:
Perfection of security interests in
motor vehicles.

Summary/Major Elements:

Establishes that the filing
of a financing statement is not necessary or effective to perfect a security
interest in property that is subject to Wyoming's motor vehicle titling statutes.

Establishes that not only is
the filing of financing statement not necessary to perfect a security interest
in property subject to Wyoming's motor vehicle titling statutes, it is
insufficient for the purpose of perfecting the security interest.

Current Bill Text

Read the full stored bill text

WORKING DRAFT

ORIGINAL HOUSE
BILL

NO.
0055

ENROLLED ACT NO. 13, HOUSE OF REPRESENTATIVES

SIXTY-FIRST LEGISLATURE OF THE STATE OF WYOMING
2012 BUDGET SESSION

AN ACT relating to
secured transactions; specifying the means for perfecting a security interest in specified titled personal property;
and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

W.S. 34.1
‑
9
‑
311(a)(ii) is amended to read:

34.1
‑
9
‑
311.

Perfection of security interests in property subject to certain statutes, regulations and treaties.

(a)

Except as otherwise provided in subsection (d), the filing of a financing statement is not necessary or effective to perfect a security interest in property subject to:

(ii)

The following statutes of this state:
there are no statutes

W.S. 31
‑
2
‑
101 through 31
‑
2
‑
105
;

Section 2.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.
.
(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the House.

Chief Clerk

1