HF 3790
FIRST ENGROSSMENT
Property filing and conveyance electronic recording
provided.
ARTICLE 1 -- ELECTRONIC RECORDING; COMMISSION
Section 1: Definitions
are provided.
Section 2: Uniformity of application and construction language is
provided.
Section 3: Validity and time of recording of electronic documents is
provided.
Section 4: Recording of documents language is provided.
Section 5:
Administration language is provided.
Section 6: Standards language is
provided.
Section 7: Relation to electronic signatures in global and national
commerce act language is provided.
Section 8: Title is provided, "Minnesota
Real Property Electronic Recording Act".
Section 9: Effective date is provided
- this act is effective July 1, 2008.
ARTICLE 2 -- CONFORMING CHANGES
Section
1: Rulemaking procedures language is modified.
Section 2: Electronic facsimile
language is added.
Section 3: Tax, how payable; receipts language is
modified.
Section 4: Statement of tax due or exemption; recording or
registering of documents language is modified.
Subdivision 1. Statement of tax
due or exemption.
Subdivision 2. Notice of certificate of value.
Section 5:
Payment of tax; stamps language is modified.
Section 6: Reception index
language is modified.
Section 7: Recorded books, indexes language is modified.
Section 8: Counties over 100,000 language is modified.
Section 9: Consecutive
numbering language is modified.
Section 10: County recorder's official
signature language is modified.
Section 11: Standards for documents to be
recorded or filed language is modified.
Section 12: Original signatures
required language is modified.
Section 13: Mortgages, how discarded language is
modified.
Section 14: Form of certificate language is modified.
SNA 3/14/08