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Updated:   2026-04-07

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Measure
Authors Archuleta  
Subject Financing statements: residential real property.
Relating To relating to secured transactions.
Title An act to add Section 9527 to the Commercial Code, relating to secured transactions.
Last Action Dt 2026-03-24
State Amended Senate
Status In Committee Process
Flags
Vote Req Approp Fiscal Cmte Local Prog Subs Chgs Urgency Tax Levy Active?
Majority No No No None No No Y
i
Leginfo Link  
Bill Actions
2026-03-24     From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
2026-03-04     Referred to Com. on RLS.
2026-02-23     From printer. May be acted upon on or after March 23.
2026-02-23     Read first time.
2026-02-20     Introduced. To Com. on RLS. for assignment. To print.
Versions
Amended Senate     2026-03-24
Introduced     2026-02-20
Analyses TBD
Latest Text Bill Full Text
Latest Text Digest

The Uniform Commercial Code-Secured Transactions (UCC) generally regulates the perfection of certain security interests, including a financing statement filed as a fixture filing.

This bill would prohibit the filing of a financing statement against owner-occupied residential real property in a manner that purports to create or otherwise perfect a security interest in, or otherwise encumber, title to that owner-occupied residential real property and would make a person who knowingly files, or causes to be filed, a financing statement in violation of the bill liable to the owner of the owner-occupied residential real property identified in the financing statement, as specified.